Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) Stock Crosses Below 50-Day Moving Average – What’s Next?

Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ – Get Free Report) shares passed below its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $29.25 and traded as low as $29.06. Schwab Long-Term U.S. Treasury ETF shares last traded at $29.07, with a volume of 502,731 shares.

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

The business’s fifty day moving average price is $29.25 and its 200 day moving average price is $30.65.

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

Large investors have recently bought and sold shares of the business. Tidal Investments LLC grew its position 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 purchasing an additional 718,572 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Schwab Long-Term U.S. Treasury ETF in the third quarter valued at about $21,601,000. Carolina Wealth Advisors LLC raised 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 last quarter. Bank of New York Mellon Corp boosted its stake in shares of Schwab Long-Term U.S. Treasury ETF by 102.5% during the first quarter. Bank of New York Mellon Corp now owns 285,707 shares of the company’s stock worth $8,980,000 after buying an additional 144,641 shares during the period. Finally, Park Avenue Securities LLC purchased a new position in shares of Schwab Long-Term U.S. Treasury ETF during the third quarter worth about $8,348,000.

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.

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.