Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) Sets New 1-Year High at $49.04

Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)’s share price hit a new 52-week high during trading on Monday . The stock traded as high as $49.04 and last traded at $49.03, with a volume of 629777 shares changing hands. The stock had previously closed at $49.02.

Schwab Short-Term U.S. Treasury ETF Price Performance

The business has a 50 day moving average price of $48.66 and a two-hundred day moving average price of $48.24.

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

Several institutional investors and hedge funds have recently modified their holdings of the stock. Williams Financial LLC increased its holdings in Schwab Short-Term U.S. Treasury ETF by 6,167.9% in the 2nd quarter. Williams Financial LLC now owns 23,978,250 shares of the company’s stock valued at $1,150,042,000 after acquiring an additional 23,595,691 shares during the last quarter. Sei Investments Co. increased its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 12.5% in the first quarter. Sei Investments Co. now owns 7,454,433 shares of the company’s stock worth $359,379,000 after purchasing an additional 827,234 shares during the last quarter. Fiduciary Financial Group LLC bought a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the second quarter worth about $31,977,000. LPL Financial LLC lifted its position in shares of Schwab Short-Term U.S. Treasury ETF by 60.8% in the second quarter. LPL Financial LLC now owns 1,678,323 shares of the company’s stock worth $80,778,000 after buying an additional 634,343 shares in the last quarter. Finally, TruNorth Capital Management LLC bought a new position in Schwab Short-Term U.S. Treasury ETF during the first quarter valued at approximately $27,313,000.

About Schwab Short-Term U.S. Treasury ETF

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.