Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) Reaches New 12-Month Low – Should You Sell?

Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHOGet Free Report) shares hit a new 52-week low during trading on Tuesday . The company traded as low as $23.99 and last traded at $23.99, with a volume of 383145 shares. The stock had previously closed at $24.07.

Schwab Short-Term U.S. Treasury ETF Trading Down 0.3%

The stock’s fifty day moving average is $24.09 and its 200-day moving average is $24.18.

Institutional Inflows and Outflows

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

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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