Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) Sees Large Volume Increase

Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQGet Free Report) shares saw unusually-high trading volume on Tuesday . Approximately 894,721 shares changed hands during trading, an increase of 294% from the previous session’s volume of 227,332 shares.The stock last traded at $33.60 and had previously closed at $33.40.

Schwab Long-Term U.S. Treasury ETF Stock Performance

The business’s 50-day simple moving average is $32.39 and its two-hundred day simple moving average is $33.32.

Institutional Investors Weigh In On Schwab Long-Term U.S. Treasury ETF

A number of institutional investors have recently made changes to their positions in the stock. Pineridge Advisors LLC acquired a new position in shares of Schwab Long-Term U.S. Treasury ETF in the fourth quarter valued at approximately $78,000. Tortoise Investment Management LLC grew its holdings in shares of Schwab Long-Term U.S. Treasury ETF by 64.9% in the fourth quarter. Tortoise Investment Management LLC now owns 2,400 shares of the company’s stock valued at $84,000 after purchasing an additional 945 shares in the last quarter. Park Place Capital Corp acquired a new position in shares of Schwab Long-Term U.S. Treasury ETF in the fourth quarter valued at approximately $98,000. Scarborough Advisors LLC acquired a new position in shares of Schwab Long-Term U.S. Treasury ETF in the fourth quarter valued at approximately $106,000. Finally, Sound Income Strategies LLC acquired a new position in shares of Schwab Long-Term U.S. Treasury ETF in the fourth quarter valued at approximately $121,000.

Schwab Long-Term U.S. Treasury ETF Company Profile

(Get Free Report)

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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