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

Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) shares saw unusually-high trading volume on Tuesday . Approximately 5,237,125 shares traded hands during mid-day trading, an increase of 97% from the previous session’s volume of 2,652,501 shares.The stock last traded at $24.68 and had previously closed at $24.72.

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

The firm’s fifty day moving average price is $24.92 and its 200-day moving average price is $25.06.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. CacheTech Inc. boosted its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 8.6% in the 1st quarter. CacheTech Inc. now owns 111,250 shares of the company’s stock valued at $2,771,000 after buying an additional 8,795 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in Schwab Intermediate-Term U.S. Treasury ETF by 10.7% during the 1st quarter. PNC Financial Services Group Inc. now owns 12,606 shares of the company’s stock worth $314,000 after purchasing an additional 1,223 shares during the period. Cassaday & Co Wealth Management LLC acquired a new stake in Schwab Intermediate-Term U.S. Treasury ETF during the 1st quarter worth $114,000. Van Strum & Towne Inc. boosted its stake in Schwab Intermediate-Term U.S. Treasury ETF by 10.0% during the 1st quarter. Van Strum & Towne Inc. now owns 27,245 shares of the company’s stock worth $679,000 after purchasing an additional 2,480 shares during the period. Finally, Scarborough Advisors LLC acquired a new stake in Schwab Intermediate-Term U.S. Treasury ETF during the 1st quarter worth $9,685,000.

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.