Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) Hits New 52-Week Low – What’s Next?

Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHOGet Free Report) shares hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $24.03 and last traded at $24.03, with a volume of 135985 shares. The stock had previously closed at $24.05.

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

The stock has a fifty day moving average price of $24.11 and a 200 day moving average price of $24.23.

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

Institutional investors have recently bought and sold shares of the company. CIBC Private Wealth Group LLC raised its stake in shares of 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 valued at $25,000 after buying an additional 599 shares during the last quarter. Dorato Capital Management acquired a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the fourth quarter valued at about $26,000. Simplex Trading LLC increased its position 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 purchasing an additional 1,063 shares in the last quarter. NBT Bank N A NY raised its position in shares of Schwab Short-Term U.S. Treasury ETF by 5,325.0% in the first 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. acquired a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the first quarter valued at approximately $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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