Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) Shares Down 0% – What’s Next?

Shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) traded down 0% on Thursday . The company traded as low as $24.15 and last traded at $24.16. 2,022,905 shares changed hands during mid-day trading, a decline of 21% from the average session volume of 2,573,277 shares. The stock had previously closed at $24.17.

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

The firm’s 50-day moving average is $24.32 and its two-hundred day moving average is $24.20.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Williams Financial LLC increased its stake in Schwab Short-Term U.S. Treasury ETF by 6,167.9% during the second quarter. Williams Financial LLC now owns 23,978,250 shares of the company’s stock worth $1,150,042,000 after acquiring an additional 23,595,691 shares during the last quarter. Jane Street Group LLC bought a new position in shares of Schwab Short-Term U.S. Treasury ETF during the 3rd quarter valued at approximately $423,782,000. Sei Investments Co. raised its holdings in Schwab Short-Term U.S. Treasury ETF by 1.9% during the 2nd quarter. Sei Investments Co. now owns 7,598,948 shares of the company’s stock valued at $365,738,000 after buying an additional 144,515 shares during the period. Envestnet Asset Management Inc. lifted its position 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 last quarter. Finally, Stifel Financial Corp boosted its stake in Schwab Short-Term U.S. Treasury ETF by 4.4% during the third quarter. Stifel Financial Corp now owns 2,999,027 shares of the company’s stock worth $146,894,000 after buying an additional 127,669 shares during the period.

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.