Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) Reaches New 12-Month Low – Time to Sell?

Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)’s share price hit a new 52-week low on Wednesday . The company traded as low as $24.41 and last traded at $24.42, with a volume of 82924 shares trading hands. The stock had previously closed at $24.44.

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

The company has a 50 day simple moving average of $24.58 and a 200 day simple moving average of $24.85.

Institutional Trading of Schwab Intermediate-Term U.S. Treasury ETF

A number of institutional investors have recently made changes to their positions in SCHR. Charles Schwab Investment Management Inc. raised its stake in Schwab Intermediate-Term U.S. Treasury ETF by 4.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 238,259,660 shares of the company’s stock valued at $5,975,552,000 after purchasing an additional 10,065,870 shares during the last quarter. AlphaQuest LLC grew its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 643.7% during the fourth quarter. AlphaQuest LLC now owns 1,921,346 shares of the company’s stock worth $48,187,000 after buying an additional 1,662,992 shares in the last quarter. Hapanowicz & Associates Financial Services Inc grew its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 5,011.0% during the fourth quarter. Hapanowicz & Associates Financial Services Inc now owns 1,336,122 shares of the company’s stock worth $33,510,000 after buying an additional 1,309,980 shares in the last quarter. Exchange Traded Concepts LLC raised its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 46.6% in the fourth quarter. Exchange Traded Concepts LLC now owns 4,029,634 shares of the company’s stock valued at $101,063,000 after buying an additional 1,280,247 shares during the last quarter. Finally, Bank of America Corp DE raised its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 19.7% in the first quarter. Bank of America Corp DE now owns 6,189,094 shares of the company’s stock valued at $154,170,000 after buying an additional 1,016,874 shares during the last quarter.

Schwab Intermediate-Term U.S. Treasury ETF Company Profile

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.