Shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO – Get Free Report) dropped 0.1% during mid-day trading on Wednesday . The stock traded as low as $24.26 and last traded at $24.26. Approximately 1,360,628 shares were traded during mid-day trading, a decline of 48% from the average daily volume of 2,618,890 shares. The stock had previously closed at $24.28.
Schwab Short-Term U.S. Treasury ETF Stock Down 0.1 %
The company has a 50 day moving average price of $24.39 and a two-hundred day moving average price of $24.18.
Institutional Trading of Schwab Short-Term U.S. Treasury ETF
A number of hedge funds and other institutional investors have recently modified their holdings of the company. Hennion & Walsh Asset Management Inc. purchased a new position in shares of Schwab Short-Term U.S. Treasury ETF in the 1st quarter worth approximately $266,000. Avior Wealth Management LLC grew its stake in Schwab Short-Term U.S. Treasury ETF by 7.2% during the 1st quarter. Avior Wealth Management LLC now owns 367,689 shares of the company’s stock valued at $17,726,000 after purchasing an additional 24,566 shares during the last quarter. Ballast Advisors LLC raised its position in Schwab Short-Term U.S. Treasury ETF by 6.2% during the 1st quarter. Ballast Advisors LLC now owns 121,084 shares of the company’s stock worth $5,837,000 after buying an additional 7,116 shares during the last quarter. Resonant Capital Advisors LLC boosted its holdings in Schwab Short-Term U.S. Treasury ETF by 25.5% in the first quarter. Resonant Capital Advisors LLC now owns 232,693 shares of the company’s stock valued at $11,218,000 after purchasing an additional 47,318 shares during the last quarter. Finally, BNP Paribas purchased a new position in Schwab Short-Term U.S. Treasury ETF during the first quarter valued at approximately $532,000.
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.
Featured Articles
- Five stocks we like better than Schwab Short-Term U.S. Treasury ETF
- Want to Profit on the Downtrend? Downtrends, Explained.
- Boeing: Why Analysts Think Now’s The Time To Be Brave
- Financial Services Stocks Investing
- Advanced Micro Devices is Building Momentum with AI: Buy the Dip
- What is a support level?
- Can Evolv Stock Recover From Its Massive Self-Inflicted Drop?
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.
