Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ – Get Free Report) shares saw unusually-high trading volume on Wednesday . 1,297,830 shares were traded during mid-day trading, an increase of 78% from the previous session’s volume of 728,777 shares.The stock last traded at $30.17 and had previously closed at $29.80.
Schwab Long-Term U.S. Treasury ETF Stock Performance
The business’s 50 day simple moving average is $30.63 and its 200 day simple moving average is $31.19.
Hedge Funds Weigh In On Schwab Long-Term U.S. Treasury ETF
Several hedge funds and other institutional investors have recently modified their holdings of the stock. MML Investors Services LLC increased its position in shares of Schwab Long-Term U.S. Treasury ETF by 98.4% during the 4th quarter. MML Investors Services LLC now owns 1,645,892 shares of the company’s stock worth $52,175,000 after purchasing an additional 816,199 shares in the last quarter. Frisch Financial Group Inc. acquired a new position in Schwab Long-Term U.S. Treasury ETF in the first quarter valued at about $1,000,000. Thrivent Financial for Lutherans acquired a new position in Schwab Long-Term U.S. Treasury ETF in the fourth quarter valued at about $6,445,000. World Investment Advisors bought a new stake in Schwab Long-Term U.S. Treasury ETF during the fourth quarter worth about $1,825,000. Finally, Envestnet Portfolio Solutions Inc. grew its stake in Schwab Long-Term U.S. Treasury ETF by 121.6% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 127,034 shares of the company’s stock worth $4,027,000 after buying an additional 69,700 shares during the last quarter.
About Schwab Long-Term U.S. Treasury ETF
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.
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