Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) Shares Down 0.1% – Should You Sell?

Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR)’s share price was down 0.1% on Thursday . The company traded as low as $24.35 and last traded at $24.37. Approximately 1,662,506 shares were traded during mid-day trading, a decline of 16% from the average daily volume of 1,979,803 shares. The stock had previously closed at $24.39.

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

The firm’s 50-day moving average price is $24.93 and its 200 day moving average price is $24.70.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. MML Investors Services LLC lifted its stake in Schwab Intermediate-Term U.S. Treasury ETF by 15.7% in the third quarter. MML Investors Services LLC now owns 90,064 shares of the company’s stock worth $4,557,000 after acquiring an additional 12,191 shares during the period. Orion Portfolio Solutions LLC lifted its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 47.0% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 7,590 shares of the company’s stock worth $384,000 after purchasing an additional 2,425 shares during the period. National Bank of Canada FI boosted its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 14.4% during the 3rd quarter. National Bank of Canada FI now owns 34,303 shares of the company’s stock valued at $1,736,000 after purchasing an additional 4,309 shares in the last quarter. Hendershot Investments Inc. boosted its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 3.3% during the 3rd quarter. Hendershot Investments Inc. now owns 51,601 shares of the company’s stock valued at $2,611,000 after purchasing an additional 1,658 shares in the last quarter. Finally, Jane Street Group LLC increased its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 2,032.8% during the third quarter. Jane Street Group LLC now owns 2,049,343 shares of the company’s stock valued at $103,697,000 after buying an additional 1,953,258 shares during the period.

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.