Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ – Get Free Report) shares saw unusually-strong trading volume on Wednesday . 1,594,147 shares changed hands during mid-day trading, an increase of 108% from the previous session’s volume of 767,631 shares.The stock last traded at $30.66 and had previously closed at $30.54.
Schwab Long-Term U.S. Treasury ETF Trading Up 0.3%
The firm has a fifty day moving average of $30.97 and a 200 day moving average of $31.48.
Hedge Funds Weigh In On Schwab Long-Term U.S. Treasury ETF
Several institutional investors have recently made changes to their positions in SCHQ. Integrated Wealth Concepts LLC purchased a new position in Schwab Long-Term U.S. Treasury ETF in the first quarter valued at $332,000. Jane Street Group LLC acquired a new stake in shares of Schwab Long-Term U.S. Treasury ETF during the 2nd quarter valued at about $2,229,000. Ameriprise Financial Inc. increased its stake in shares of Schwab Long-Term U.S. Treasury ETF by 7.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 287,241 shares of the company’s stock valued at $9,161,000 after purchasing an additional 19,942 shares in the last quarter. Bank of America Corp DE increased its stake in shares of Schwab Long-Term U.S. Treasury ETF by 8.7% in the 2nd quarter. Bank of America Corp DE now owns 99,236 shares of the company’s stock valued at $3,165,000 after purchasing an additional 7,984 shares in the last quarter. Finally, GeoWealth Management LLC acquired a new position in Schwab Long-Term U.S. Treasury ETF in the 3rd quarter worth about $169,000.
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.
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