Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) Trading Down 0.1% – Time to Sell?

by · The Cerbat Gem

Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO – Get Free Report)’s stock price traded down 0.1% during trading on Wednesday . The stock traded as low as $24.26 and last traded at $24.26. 1,360,628 shares changed hands during trading, a decline of 48% from the average session volume of 2,618,890 shares. The stock had previously closed at $24.28.

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

The stock’s fifty day moving average price is $24.38 and its two-hundred day moving average price is $24.18.

Hedge Funds Weigh In On Schwab Short-Term U.S. Treasury ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Williams Financial LLC raised 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 worth $1,150,042,000 after purchasing an additional 23,595,691 shares in the last quarter. Sei Investments Co. lifted its holdings in Schwab Short-Term U.S. Treasury ETF by 1.9% in the second quarter. Sei Investments Co. now owns 7,598,948 shares of the company’s stock worth $365,738,000 after buying an additional 144,515 shares during the period. Envestnet Asset Management Inc. lifted its holdings in Schwab Short-Term U.S. Treasury ETF by 6.1% in the second quarter. Envestnet Asset Management Inc. now owns 3,190,119 shares of the company’s stock worth $153,540,000 after buying an additional 182,056 shares during the period. Clearwater Capital Advisors LLC boosted its position in Schwab Short-Term U.S. Treasury ETF by 1.4% during the 2nd quarter. Clearwater Capital Advisors LLC now owns 1,720,326 shares of the company’s stock valued at $82,799,000 after acquiring an additional 24,054 shares in the last quarter. Finally, LPL Financial LLC grew its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 60.8% during the 2nd quarter. LPL Financial LLC now owns 1,678,323 shares of the company’s stock worth $80,778,000 after acquiring an additional 634,343 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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