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

Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQGet Free Report) saw an uptick in trading volume on Wednesday . 1,293,571 shares changed hands during mid-day trading, an increase of 117% from the previous session’s volume of 597,167 shares.The stock last traded at $32.2450 and had previously closed at $32.20.

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

The company’s 50-day simple moving average is $32.50 and its 200 day simple moving average is $31.75.

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

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Park Place Capital Corp lifted its stake in shares of Schwab Long-Term U.S. Treasury ETF by 176.9% during the 2nd quarter. Park Place Capital Corp now owns 886 shares of the company’s stock worth $28,000 after acquiring an additional 566 shares during the last quarter. Smartleaf Asset Management LLC boosted its stake in Schwab Long-Term U.S. Treasury ETF by 11,843.5% in the third quarter. Smartleaf Asset Management LLC now owns 2,747 shares of the company’s stock valued at $89,000 after acquiring an additional 2,724 shares in the last quarter. LGT Financial Advisors LLC raised its stake in Schwab Long-Term U.S. Treasury ETF by 314.8% in the third quarter. LGT Financial Advisors LLC now owns 2,833 shares of the company’s stock valued at $92,000 after buying an additional 2,150 shares during the last quarter. Tortoise Investment Management LLC boosted its stake in Schwab Long-Term U.S. Treasury ETF by 16.7% in the 3rd quarter. Tortoise Investment Management LLC now owns 4,440 shares of the company’s stock worth $143,000 after purchasing an additional 635 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its stake in Schwab Long-Term U.S. Treasury ETF by 11.2% in the 2nd quarter. Farther Finance Advisors LLC now owns 4,750 shares of the company’s stock worth $151,000 after acquiring an additional 479 shares during 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.

Recommended Stories

Receive News & Ratings for Schwab Long-Term U.S. Treasury ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab Long-Term U.S. Treasury ETF and related companies with MarketBeat.com's FREE daily email newsletter.