Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) Hits New 1-Year Low – Time to Sell?

Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQGet Free Report)’s share price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $29.51 and last traded at $29.54, with a volume of 73580 shares traded. The stock had previously closed at $29.80.

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

The firm has a 50 day simple moving average of $30.24 and a 200 day simple moving average of $30.97.

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

Large investors have recently bought and sold shares of the business. Downshift Financial LLC raised its position in Schwab Long-Term U.S. Treasury ETF by 2.1% in the 1st quarter. Downshift Financial LLC now owns 21,048 shares of the company’s stock worth $658,000 after buying an additional 434 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in Schwab Long-Term U.S. Treasury ETF by 229.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 797 shares of the company’s stock valued at $25,000 after acquiring an additional 555 shares during the period. Mariner LLC boosted its holdings in shares of Schwab Long-Term U.S. Treasury ETF by 9.0% during the 3rd quarter. Mariner LLC now owns 8,535 shares of the company’s stock valued at $276,000 after acquiring an additional 707 shares during the last quarter. Integrated Wealth Concepts LLC boosted its holdings in shares of Schwab Long-Term U.S. Treasury ETF by 4.5% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 18,070 shares of the company’s stock valued at $584,000 after acquiring an additional 771 shares during the last quarter. Finally, Windsor Advisory Group LLC bought a new stake in shares of Schwab Long-Term U.S. Treasury ETF in the first quarter worth approximately $28,000.

About Schwab Long-Term U.S. Treasury ETF

(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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