Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) Sets New 12-Month Low – Here’s Why

Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHOGet Free Report)’s share price reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $23.96 and last traded at $23.9550, with a volume of 327078 shares traded. The stock had previously closed at $24.00.

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

The company has a fifty day simple moving average of $24.07 and a two-hundred day simple moving average of $24.16.

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

Several institutional investors have recently added to or reduced their stakes in the stock. CIBC Private Wealth Group LLC increased its holdings in Schwab Short-Term U.S. Treasury ETF by 138.7% during the 4th quarter. CIBC Private Wealth Group LLC now owns 1,031 shares of the company’s stock worth $25,000 after purchasing an additional 599 shares in the last quarter. Simplex Trading LLC grew its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 5,315.0% during the fourth quarter. Simplex Trading LLC now owns 1,083 shares of the company’s stock worth $26,000 after buying an additional 1,063 shares in the last quarter. NBT Bank N A NY grew its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 5,325.0% during the first quarter. NBT Bank N A NY now owns 1,302 shares of the company’s stock worth $32,000 after buying an additional 1,278 shares in the last quarter. Physician Wealth Advisors Inc. acquired a new stake in Schwab Short-Term U.S. Treasury ETF in the 1st quarter valued at approximately $34,000. Finally, Continuum Advisory LLC bought a new stake in Schwab Short-Term U.S. Treasury ETF in the 2nd quarter valued at approximately $38,000.

Schwab Short-Term U.S. Treasury ETF Company Profile

(Get Free Report)

The Schwab Short-Term U.S. Treasury ETF (SCHO) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of debt issued by the US Treasury, excluding STRIPS, with remaining maturity of 1-3 years. SCHO was launched on Aug 5, 2010 and is managed by Charles Schwab.

Recommended Stories

Receive News & Ratings for Schwab Short-Term U.S. Treasury ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab Short-Term U.S. Treasury ETF and related companies with MarketBeat.com's FREE daily email newsletter.