Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) Sees Large Volume Increase – Here’s Why

Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) saw strong trading volume on Wednesday . 8,198,251 shares changed hands during trading, an increase of 198% from the previous session’s volume of 2,754,596 shares.The stock last traded at $24.66 and had previously closed at $24.67.

Schwab Intermediate-Term U.S. Treasury ETF Stock Performance

The firm’s 50-day simple moving average is $24.72 and its 200-day simple moving average is $24.95.

Hedge Funds Weigh In On Schwab Intermediate-Term U.S. Treasury ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Aventura Private Wealth LLC bought a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF during the fourth quarter valued at about $25,000. Asset Dedication LLC bought a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF during the third quarter valued at about $26,000. Hamilton Point Investment Advisors LLC bought a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF during the first quarter valued at about $27,000. Wealth Watch Advisors INC bought a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF during the third quarter valued at about $28,000. Finally, Triumph Capital Management bought a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF during the third quarter valued at about $34,000.

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.