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:SCHO)’s share price reached a new 52-week low during trading on Wednesday . The company traded as low as $24.04 and last traded at $24.05, with a volume of 689679 shares traded. The stock had previously closed at $24.06.

Schwab Short-Term U.S. Treasury ETF Stock Down 0.0%

The firm has a 50 day moving average price of $24.14 and a two-hundred day moving average price of $24.26.

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

Several large investors have recently made changes to their positions in the business. Measured Wealth Private Client Group LLC lifted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 25.7% during the 4th quarter. Measured Wealth Private Client Group LLC now owns 2,107 shares of the company’s stock valued at $51,000 after acquiring an additional 431 shares in the last quarter. Bank of Marin raised its position in Schwab Short-Term U.S. Treasury ETF by 0.5% in the fourth quarter. Bank of Marin now owns 81,095 shares of the company’s stock valued at $1,976,000 after purchasing an additional 432 shares during the period. Diversified Trust Co raised its position in Schwab Short-Term U.S. Treasury ETF by 0.6% in the first quarter. Diversified Trust Co now owns 70,165 shares of the company’s stock valued at $1,703,000 after purchasing an additional 444 shares during the period. Sherman Asset Management Inc. lifted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 1.2% during the second quarter. Sherman Asset Management Inc. now owns 38,821 shares of the company’s stock worth $946,000 after purchasing an additional 464 shares in the last quarter. Finally, Altfest L J & Co. Inc. lifted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 1.6% during the fourth quarter. Altfest L J & Co. Inc. now owns 30,311 shares of the company’s stock worth $739,000 after purchasing an additional 480 shares in the last quarter.

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

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.