Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO – Get Free Report) shares saw an uptick in trading volume on Wednesday . 31,265,181 shares were traded during trading, an increase of 877% from the previous session’s volume of 3,201,448 shares.The stock last traded at $24.27 and had previously closed at $24.27.
Schwab Short-Term U.S. Treasury ETF Trading Down 0.1 %
The company’s 50-day moving average is $24.19 and its 200-day moving average is $24.25.
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the stock. Bank of America Corp DE boosted its stake in shares of Schwab Short-Term U.S. Treasury ETF by 104.9% in the 4th quarter. Bank of America Corp DE now owns 160,244,548 shares of the company’s stock valued at $3,855,484,000 after purchasing an additional 82,051,493 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in Schwab Short-Term U.S. Treasury ETF by 75.1% in the fourth quarter. Ameriprise Financial Inc. now owns 21,347,139 shares of the company’s stock valued at $513,204,000 after acquiring an additional 9,152,670 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Schwab Short-Term U.S. Treasury ETF by 138.3% in the fourth quarter. JPMorgan Chase & Co. now owns 20,762,162 shares of the company’s stock valued at $499,538,000 after acquiring an additional 12,048,633 shares during the last quarter. Sei Investments Co. grew its holdings in Schwab Short-Term U.S. Treasury ETF by 109.8% during the 4th quarter. Sei Investments Co. now owns 16,267,808 shares of the company’s stock worth $391,403,000 after acquiring an additional 8,514,242 shares during the period. Finally, Jane Street Group LLC bought a new stake in shares of Schwab Short-Term U.S. Treasury ETF during the 3rd quarter valued at $423,782,000.
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.
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