Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR – Get Free Report) was the recipient of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 372,219 shares, a decrease of 67.9% from the September 30th total of 1,158,832 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 5,029,302 shares, the days-to-cover ratio is presently 0.1 days.
Hedge Funds Weigh In On Schwab Intermediate-Term U.S. Treasury ETF
Large investors have recently bought and sold shares of the stock. Envestnet Asset Management Inc. grew its position in Schwab Intermediate-Term U.S. Treasury ETF by 103.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 9,469,330 shares of the company’s stock worth $233,514,000 after purchasing an additional 4,821,340 shares in the last quarter. Avidian Wealth Enterprises LLC bought a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF during the 3rd quarter worth approximately $59,923,000. Financial Life Advisors bought a new position in shares of Schwab Intermediate-Term U.S. Treasury ETF during the 2nd quarter worth approximately $36,389,000. Bank of America Corp DE boosted its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 19.7% in the 1st quarter. Bank of America Corp DE now owns 6,189,094 shares of the company’s stock worth $154,170,000 after buying an additional 1,016,874 shares during the last quarter. Finally, Waverly Advisors LLC boosted its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 1,269.1% in the 1st quarter. Waverly Advisors LLC now owns 794,905 shares of the company’s stock worth $19,801,000 after buying an additional 736,844 shares during the last quarter.
Schwab Intermediate-Term U.S. Treasury ETF Stock Up 0.3%
Shares of SCHR stock traded up $0.08 during trading hours on Thursday, reaching $24.04. The company had a trading volume of 2,347,672 shares, compared to its average volume of 3,001,998. Schwab Intermediate-Term U.S. Treasury ETF has a 12 month low of $23.57 and a 12 month high of $25.42. The business has a fifty day simple moving average of $23.98 and a 200-day simple moving average of $24.58.
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.
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