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

Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHOGet Free Report) shares reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $24.04 and last traded at $24.05, with a volume of 195907 shares traded. The stock had previously closed at $24.14.

Schwab Short-Term U.S. Treasury ETF Trading Down 0.3%

The firm has a 50-day moving average of $24.15 and a 200 day moving average of $24.27.

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

Several large investors have recently made changes to their positions in SCHO. Allworth Financial LP increased its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 21.2% during the third quarter. Allworth Financial LP now owns 147,567 shares of the company’s stock worth $3,601,000 after buying an additional 25,830 shares in the last quarter. Access Financial Services Inc. grew its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 2.6% during the fourth quarter. Access Financial Services Inc. now owns 1,381,585 shares of the company’s stock worth $33,669,000 after purchasing an additional 34,836 shares during the last quarter. Triad Wealth Partners LLC acquired a new position in shares of Schwab Short-Term U.S. Treasury ETF in the fourth quarter valued at approximately $9,879,000. Merit Financial Group LLC increased its stake in shares of Schwab Short-Term U.S. Treasury ETF by 20.9% in the fourth quarter. Merit Financial Group LLC now owns 1,889,316 shares of the company’s stock valued at $46,043,000 after buying an additional 327,024 shares during the period. Finally, Carnegie Investment Counsel raised its holdings in Schwab Short-Term U.S. Treasury ETF by 879.4% in the 4th quarter. Carnegie Investment Counsel now owns 96,010 shares of the company’s stock valued at $2,340,000 after buying an additional 86,207 shares during the last quarter.

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.

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