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

Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) shares saw unusually-strong trading volume on Tuesday . Approximately 4,043,054 shares changed hands during mid-day trading, an increase of 104% from the previous session’s volume of 1,980,065 shares.The stock last traded at $24.61 and had previously closed at $24.64.

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

The company’s 50-day moving average price is $24.75 and its 200-day moving average price is $24.74.

Institutional Investors Weigh In On Schwab Intermediate-Term U.S. Treasury ETF

Several institutional investors have recently added to or reduced their stakes in SCHR. Cetera Investment Advisers increased its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 348.1% during the first quarter. Cetera Investment Advisers now owns 260,537 shares of the company’s stock worth $12,779,000 after purchasing an additional 202,400 shares in the last quarter. Park Avenue Securities LLC boosted its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 30.2% in the second quarter. Park Avenue Securities LLC now owns 18,584 shares of the company’s stock valued at $906,000 after acquiring an additional 4,306 shares during the period. Apella Capital LLC grew its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 29.3% during the second quarter. Apella Capital LLC now owns 5,981 shares of the company’s stock worth $293,000 after acquiring an additional 1,354 shares during the last quarter. Advocate Group LLC increased its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 1.1% in the 2nd quarter. Advocate Group LLC now owns 101,516 shares of the company’s stock valued at $4,951,000 after acquiring an additional 1,114 shares during the period. Finally, WBH Advisory Inc. raised its position in Schwab Intermediate-Term U.S. Treasury ETF by 13.1% in the 2nd quarter. WBH Advisory Inc. now owns 8,012 shares of the company’s stock valued at $391,000 after purchasing an additional 925 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.