Shares of Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ – Get Free Report) saw an uptick in trading volume on Wednesday . Approximately 1,297,830 shares changed hands during mid-day trading, an increase of 78% from the previous session’s volume of 728,777 shares.The stock last traded at $30.17 and had previously closed at $29.80.
Schwab Long-Term U.S. Treasury ETF Trading Up 1.1%
The company has a fifty day moving average price of $30.63 and a two-hundred day moving average price of $31.19.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the company. Compass Financial Management LLC bought a new stake in Schwab Long-Term U.S. Treasury ETF in the 2nd quarter valued at $1,575,000. C M Bidwell & Associates Ltd. acquired a new position in shares of Schwab Long-Term U.S. Treasury ETF in the 2nd quarter valued at $97,000. Charles Schwab Trust Co lifted its holdings in shares of Schwab Long-Term U.S. Treasury ETF by 5.4% during the 2nd quarter. Charles Schwab Trust Co now owns 89,892 shares of the company’s stock worth $2,814,000 after acquiring an additional 4,577 shares during the period. Carolina Wealth Advisors LLC lifted its holdings in shares of Schwab Long-Term U.S. Treasury ETF by 2.7% during the 2nd quarter. Carolina Wealth Advisors LLC now owns 579,543 shares of the company’s stock worth $18,140,000 after acquiring an additional 15,277 shares during the period. Finally, MFG Wealth Management Inc. lifted its holdings in shares of Schwab Long-Term U.S. Treasury ETF by 7.1% during the 2nd quarter. MFG Wealth Management Inc. now owns 78,530 shares of the company’s stock worth $2,458,000 after acquiring an additional 5,198 shares during the period.
About Schwab Long-Term U.S. Treasury ETF
The Schwab Long-Term U.S. Treasury ETF (SCHQ) is an exchange-traded fund that is based on the Bloomberg US Long Treasury index. The fund tracks a market-value weighted Index of U.S. Investment-grade Treasury bonds with remaining maturities of 10 years or more. SCHQ was launched on Oct 10, 2019 and is managed by Charles Schwab.
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