Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) Short Interest Update

Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) was the recipient of a large increase in short interest in February. As of February 27th, there was short interest totaling 344,906 shares, an increase of 71.8% from the February 12th total of 200,793 shares. Based on an average trading volume of 963,352 shares, the short-interest ratio is currently 0.4 days. Currently, 1.2% of the company’s shares are sold short. Currently, 1.2% of the company’s shares are sold short. Based on an average trading volume of 963,352 shares, the short-interest ratio is currently 0.4 days.

Schwab Long-Term U.S. Treasury ETF Stock Down 0.5%

Shares of Schwab Long-Term U.S. Treasury ETF stock traded down $0.15 on Friday, hitting $31.40. 1,282,124 shares of the company’s stock traded hands, compared to its average volume of 882,509. The company has a fifty day moving average of $32.01 and a two-hundred day moving average of $32.17. Schwab Long-Term U.S. Treasury ETF has a one year low of $30.24 and a one year high of $33.82.

Schwab Long-Term U.S. Treasury ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, March 6th. Stockholders of record on Monday, March 2nd were paid a $0.1066 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 4.1%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. PNC Financial Services Group Inc. grew its stake in shares of Schwab Long-Term U.S. Treasury ETF by 229.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 797 shares of the company’s stock valued at $25,000 after buying an additional 555 shares during the period. Tortoise Investment Management LLC grew its stake in Schwab Long-Term U.S. Treasury ETF by 16.7% in the third quarter. Tortoise Investment Management LLC now owns 4,440 shares of the company’s stock valued at $143,000 after acquiring an additional 635 shares during the period. Collective Family Office LLC grew its stake in Schwab Long-Term U.S. Treasury ETF by 0.9% in the third quarter. Collective Family Office LLC now owns 76,801 shares of the company’s stock valued at $2,481,000 after acquiring an additional 672 shares during the period. Mariner LLC increased its holdings in shares of Schwab Long-Term U.S. Treasury ETF by 9.0% during the third quarter. Mariner LLC now owns 8,535 shares of the company’s stock valued at $276,000 after acquiring an additional 707 shares in the last quarter. Finally, Integrated Wealth Concepts LLC raised its position in shares of Schwab Long-Term U.S. Treasury ETF by 4.5% during the third quarter. Integrated Wealth Concepts LLC now owns 18,070 shares of the company’s stock worth $584,000 after purchasing an additional 771 shares during the period.

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

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.