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 on Wednesday . The company 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 Price Performance

The company’s 50-day simple moving average is $24.15 and its 200-day simple moving average is $24.27.

Institutional Trading of Schwab Short-Term U.S. Treasury ETF

Several institutional investors have recently modified their holdings of SCHO. CIBC Private Wealth Group LLC raised its position 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 during the last quarter. Dorato Capital Management acquired a new position in Schwab Short-Term U.S. Treasury ETF during the 4th quarter worth about $26,000. Simplex Trading LLC lifted its holdings in Schwab Short-Term U.S. Treasury ETF by 5,315.0% during the 4th quarter. Simplex Trading LLC now owns 1,083 shares of the company’s stock worth $26,000 after buying an additional 1,063 shares during the period. NBT Bank N A NY grew its position in shares of Schwab Short-Term U.S. Treasury ETF by 5,325.0% in the 1st quarter. NBT Bank N A NY now owns 1,302 shares of the company’s stock valued at $32,000 after buying an additional 1,278 shares during the last quarter. Finally, Physician Wealth Advisors Inc. bought a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the 1st quarter valued at about $34,000.

About Schwab Short-Term U.S. Treasury ETF

(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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