Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) Sees Unusually-High Trading Volume – Time to Buy?

Shares of Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ – Get Free Report) saw strong trading volume on Wednesday. Approximately 2,346,605 shares changed hands during mid-day trading, an increase of 159% from the previous session’s volume of 907,425 shares. The stock last traded at $29.2050 and had previously closed at $29.19.

Schwab Long-Term U.S. Treasury ETF Trading Up 1.8%

The stock has a 50-day moving average price of $29.38 and a 200 day moving average price of $30.35.

Institutional Trading of Schwab Long-Term U.S. Treasury ETF

A number of large investors have recently bought and sold shares of the business. Tidal Investments LLC raised its holdings in Schwab Long-Term U.S. Treasury ETF by 106.3% during the 2nd quarter. Tidal Investments LLC now owns 1,394,729 shares of the company’s stock worth $43,446,000 after buying an additional 718,572 shares during the period. Carolina Wealth Advisors LLC boosted its holdings in shares of Schwab Long-Term U.S. Treasury ETF by 2.7% in the second quarter. Carolina Wealth Advisors LLC now owns 579,543 shares of the company’s stock valued at $18,140,000 after buying an additional 15,277 shares during the period. Bank of New York Mellon Corp boosted its holdings in shares of Schwab Long-Term U.S. Treasury ETF by 102.5% in the first quarter. Bank of New York Mellon Corp now owns 285,707 shares of the company’s stock valued at $8,980,000 after buying an additional 144,641 shares during the period. Attessa Capital LLC increased its position in shares of Schwab Long-Term U.S. Treasury ETF by 0.3% during the third quarter. Attessa Capital LLC now owns 133,022 shares of the company’s stock worth $3,786,000 after acquiring an additional 372 shares in the last quarter. Finally, Professional Financial Management Inc. increased its position in shares of Schwab Long-Term U.S. Treasury ETF by 3.7% during the third quarter. Professional Financial Management Inc. now owns 115,378 shares of the company’s stock worth $3,284,000 after acquiring an additional 4,164 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.

Further Reading

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