Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) Shares to Split on Friday, October 11th

Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO)’s stock is set to split on Friday, October 11th. The 2-1 split was announced on Wednesday, September 25th. The newly minted shares will be distributed to shareholders after the closing bell on Thursday, October 10th.

Schwab Short-Term U.S. Treasury ETF Trading Up 0.0 %

NYSEARCA:SCHO opened at $48.59 on Wednesday. The stock has a fifty day moving average price of $48.78 and a two-hundred day moving average price of $48.30. Schwab Short-Term U.S. Treasury ETF has a 1 year low of $47.68 and a 1 year high of $49.07.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Motco purchased a new position in shares of Schwab Short-Term U.S. Treasury ETF in the first quarter valued at $31,000. Future Financial Wealth Managment LLC acquired a new stake in shares of Schwab Short-Term U.S. Treasury ETF during the first quarter valued at $50,000. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Schwab Short-Term U.S. Treasury ETF during the second quarter valued at $51,000. Fifth Third Bancorp boosted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 24.6% during the second quarter. Fifth Third Bancorp now owns 1,184 shares of the company’s stock valued at $57,000 after acquiring an additional 234 shares during the last quarter. Finally, Marquette Asset Management LLC acquired a new stake in shares of Schwab Short-Term U.S. Treasury ETF during the third quarter valued at $58,000.

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.