Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) Share Price Breaks Below 50-Day Moving Average – What’s Next?

Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO – Get Free Report) crossed below its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of $23.91 and traded as low as $23.88. Schwab Short-Term U.S. Treasury ETF shares last traded at $23.89, with a volume of 3,877,479 shares changing hands.

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

The stock’s 50 day simple moving average is $23.91 and its 200-day simple moving average is $24.13.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Private Advisor Group LLC purchased a new stake in shares of Schwab Short-Term U.S. Treasury ETF during the third quarter worth $9,907,000. Aegis Wealth Management LLC purchased a new position in Schwab Short-Term U.S. Treasury ETF in the third quarter valued at $1,907,000. Madden Advisory Services Inc. purchased a new position in Schwab Short-Term U.S. Treasury ETF in the third quarter valued at $1,060,000. Independent Advisor Alliance purchased a new position in Schwab Short-Term U.S. Treasury ETF in the third quarter valued at $295,000. Finally, Frisch Financial Group Inc. acquired a new position in Schwab Short-Term U.S. Treasury ETF during the 3rd quarter worth $353,000.

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

(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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