Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR – Get Free Report) saw a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 1,243,836 shares, a decrease of 37.0% from the June 15th total of 1,974,483 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 3,671,183 shares, the short-interest ratio is presently 0.3 days.
Schwab Intermediate-Term U.S. Treasury ETF Trading Up 0.0%
NYSEARCA:SCHR traded up $0.01 on Friday, hitting $24.54. The stock had a trading volume of 986,403 shares, compared to its average volume of 2,805,950. The business’s 50-day simple moving average is $24.59 and its two-hundred day simple moving average is $24.87. Schwab Intermediate-Term U.S. Treasury ETF has a 52-week low of $24.42 and a 52-week high of $25.42.
Hedge Funds Weigh In On Schwab Intermediate-Term U.S. Treasury ETF
Large investors have recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. raised its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 4.4% during 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 buying an additional 10,065,870 shares in the last quarter. Royal Bank of Canada grew its position in Schwab Intermediate-Term U.S. Treasury ETF by 1.5% in the first quarter. Royal Bank of Canada now owns 17,334,539 shares of the company’s stock worth $431,805,000 after acquiring an additional 253,371 shares in the last quarter. Bank of America Corp DE increased its stake in Schwab Intermediate-Term U.S. Treasury ETF by 19.7% during the first quarter. Bank of America Corp DE now owns 6,189,094 shares of the company’s stock worth $154,170,000 after acquiring an additional 1,016,874 shares during the last quarter. JPMorgan Chase & Co. increased its stake in Schwab Intermediate-Term U.S. Treasury ETF by 6.2% during the fourth quarter. JPMorgan Chase & Co. now owns 5,200,552 shares of the company’s stock worth $130,430,000 after acquiring an additional 303,810 shares during the last quarter. Finally, Exchange Traded Concepts LLC increased its stake in Schwab Intermediate-Term U.S. Treasury ETF by 46.6% during the fourth quarter. Exchange Traded Concepts LLC now owns 4,029,634 shares of the company’s stock worth $101,063,000 after acquiring an additional 1,280,247 shares during the last quarter.
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.
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