Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) Hits New 12-Month Low – Time to Sell?

Shares of Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ – Get Free Report) reached a new 52-week low during trading on Tuesday. The stock traded as low as $28.58 and last traded at $28.69, with a volume of 1247047 shares trading hands. The stock had previously closed at $28.92.

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

The business’s 50-day moving average is $29.82 and its 200 day moving average is $30.65.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Windsor Advisory Group LLC bought a new stake in shares of Schwab Long-Term U.S. Treasury ETF in the first quarter valued at approximately $28,000. Dogwood Wealth Management LLC increased its stake in Schwab Long-Term U.S. Treasury ETF by 1,049.7% during the 2nd quarter. Dogwood Wealth Management LLC now owns 1,920 shares of the company’s stock worth $60,000 after acquiring an additional 1,753 shares during the period. SouthState Bank Corp bought a new position in Schwab Long-Term U.S. Treasury ETF during the 1st quarter worth $94,000. C M Bidwell & Associates Ltd. acquired a new position in Schwab Long-Term U.S. Treasury ETF in the 2nd quarter valued at $97,000. Finally, Scarborough Advisors LLC acquired a new position in Schwab Long-Term U.S. Treasury ETF in the 1st quarter valued at $110,000.

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.

Further Reading

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