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

Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQGet Free Report) shares saw unusually-high trading volume on Wednesday . Approximately 1,594,147 shares traded hands during 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 business’s fifty day moving average price is $30.97 and its two-hundred day moving average price is $31.48.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. LPL Financial LLC increased its holdings in Schwab Long-Term U.S. Treasury ETF by 108.3% in the 4th quarter. LPL Financial LLC now owns 1,904,417 shares of the company’s stock worth $60,370,000 after buying an additional 990,099 shares during the period. MML Investors Services LLC boosted its holdings in shares of Schwab Long-Term U.S. Treasury ETF by 98.4% in the 4th quarter. MML Investors Services LLC now owns 1,645,892 shares of the company’s stock valued at $52,175,000 after acquiring an additional 816,199 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of Schwab Long-Term U.S. Treasury ETF by 60.4% in the fourth quarter. JPMorgan Chase & Co. now owns 601,927 shares of the company’s stock worth $19,081,000 after acquiring an additional 226,742 shares during the period. Carolina Wealth Advisors LLC raised its holdings in shares of Schwab Long-Term U.S. Treasury ETF by 2.7% during the second quarter. Carolina Wealth Advisors LLC now owns 579,543 shares of the company’s stock worth $18,140,000 after purchasing an additional 15,277 shares during the last quarter. Finally, Cetera Investment Advisers lifted its position in Schwab Long-Term U.S. Treasury ETF by 75.6% during the fourth quarter. Cetera Investment Advisers now owns 497,042 shares of the company’s stock valued at $15,756,000 after purchasing an additional 213,942 shares during the period.

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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