Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) Sets New 52-Week Low – Here’s What Happened

Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHOGet Free Report)’s share price reached a new 52-week low on Monday . The company traded as low as $24.02 and last traded at $24.02, with a volume of 374886 shares. The stock had previously closed at $24.10.

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

The firm’s 50-day moving average price is $24.10 and its 200-day moving average price is $24.22.

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

Several large investors have recently added to or reduced their stakes in the stock. Measured Wealth Private Client Group LLC lifted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 25.7% in the 4th quarter. Measured Wealth Private Client Group LLC now owns 2,107 shares of the company’s stock valued at $51,000 after purchasing an additional 431 shares during the last quarter. Bank of Marin increased its position in shares of Schwab Short-Term U.S. Treasury ETF by 0.5% during the 4th 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 last quarter. Diversified Trust Co raised its holdings in Schwab Short-Term U.S. Treasury ETF by 0.6% during the 1st quarter. Diversified Trust Co now owns 70,165 shares of the company’s stock valued at $1,703,000 after buying an additional 444 shares during the period. Birchbrook Inc. raised its holdings in Schwab Short-Term U.S. Treasury ETF by 2.5% during the 2nd quarter. Birchbrook Inc. now owns 18,408 shares of the company’s stock valued at $444,000 after buying an additional 448 shares during the period. Finally, Sherman Asset Management Inc. lifted its position in Schwab Short-Term U.S. Treasury ETF by 1.2% in the second quarter. Sherman Asset Management Inc. now owns 38,821 shares of the company’s stock worth $946,000 after buying an additional 464 shares during the last quarter.

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.

See Also

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.