Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) Sees Large Volume Increase – Here’s What Happened

Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQGet Free Report) shares saw an uptick in trading volume on Wednesday . 918,723 shares traded hands during trading, an increase of 15% from the previous session’s volume of 800,833 shares.The stock last traded at $30.36 and had previously closed at $30.20.

Schwab Long-Term U.S. Treasury ETF Trading Up 1.0%

The business’s fifty day moving average price is $31.32 and its 200-day moving average price is $31.82.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in SCHQ. Windsor Advisory Group LLC bought a new position in shares of Schwab Long-Term U.S. Treasury ETF during the first quarter valued at about $28,000. Compound Planning Inc. bought a new position in shares of Schwab Long-Term U.S. Treasury ETF during the first quarter valued at about $232,000. Scarborough Advisors LLC bought a new position in shares of Schwab Long-Term U.S. Treasury ETF during the first quarter valued at about $110,000. Frisch Financial Group Inc. bought a new position in shares of Schwab Long-Term U.S. Treasury ETF during the first quarter valued at about $1,000,000. Finally, Smart Money Group LLC lifted its position in shares of Schwab Long-Term U.S. Treasury ETF by 46.8% during the first quarter. Smart Money Group LLC now owns 34,937 shares of the company’s stock valued at $1,098,000 after purchasing an additional 11,131 shares in the last quarter.

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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