Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) Sees Large Volume Increase – Still a Buy?

Shares of Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHOGet Free Report) saw strong trading volume on Tuesday . 11,380,557 shares were traded during trading, an increase of 236% from the previous session’s volume of 3,385,229 shares.The stock last traded at $24.3650 and had previously closed at $24.37.

Schwab Short-Term U.S. Treasury ETF Stock Down 0.0%

The business has a fifty day moving average price of $24.37 and a 200 day moving average price of $24.36.

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

Large investors have recently bought and sold shares of the company. Smartleaf Asset Management LLC raised its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 235.4% in the third quarter. Smartleaf Asset Management LLC now owns 1,023 shares of the company’s stock valued at $25,000 after purchasing an additional 718 shares during the last quarter. Lowe Brockenbrough & Co. Inc. bought a new position in shares of Schwab Short-Term U.S. Treasury ETF in the 3rd quarter valued at about $30,000. GSB Wealth Management LLC increased its position in shares of Schwab Short-Term U.S. Treasury ETF by 95.9% in the second quarter. GSB Wealth Management LLC now owns 1,336 shares of the company’s stock valued at $33,000 after acquiring an additional 654 shares during the last quarter. Measured Wealth Private Client Group LLC bought a new stake in Schwab Short-Term U.S. Treasury ETF during the third quarter worth about $41,000. Finally, Smithfield Trust Co acquired a new position in Schwab Short-Term U.S. Treasury ETF during the third quarter valued at approximately $49,000.

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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