Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) Stock Price Down 0.1% – Time to Sell?

Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) fell 0.1% during trading on Thursday . The stock traded as low as $24.35 and last traded at $24.37. 1,662,506 shares changed hands during trading, a decline of 16% from the average session volume of 1,979,803 shares. The stock had previously closed at $24.39.

Schwab Intermediate-Term U.S. Treasury ETF Stock Down 0.1 %

The firm’s fifty day moving average price is $24.97 and its 200 day moving average price is $24.70.

Institutional Investors Weigh In On Schwab Intermediate-Term U.S. Treasury ETF

Hedge funds have recently added to or reduced their stakes in the business. Kennebec Savings Bank purchased a new stake in Schwab Intermediate-Term U.S. Treasury ETF in the 3rd quarter worth approximately $25,000. AlphaCore Capital LLC lifted its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 540.9% in the 3rd quarter. AlphaCore Capital LLC now owns 564 shares of the company’s stock valued at $29,000 after purchasing an additional 476 shares during the period. Richard W. Paul & Associates LLC purchased a new stake in Schwab Intermediate-Term U.S. Treasury ETF during the third quarter worth $44,000. Aptus Capital Advisors LLC grew its position in Schwab Intermediate-Term U.S. Treasury ETF by 434.8% during the second quarter. Aptus Capital Advisors LLC now owns 1,305 shares of the company’s stock valued at $64,000 after buying an additional 1,061 shares during the period. Finally, Pineridge Advisors LLC purchased a new position in Schwab Intermediate-Term U.S. Treasury ETF in the first quarter valued at $66,000.

About Schwab Intermediate-Term U.S. Treasury ETF

The Schwab Intermediate-Term U.S. Treasury ETF (SCHR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of investment grade debt issued by the US Treasury with remaining maturity of 3-10 years. SCHR was launched on Aug 5, 2010 and is managed by Charles Schwab.