Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) Sees Large Volume Increase

Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) saw an uptick in trading volume on Tuesday . 894,721 shares traded hands during trading, an increase of 294% from the previous session’s volume of 227,332 shares.The stock last traded at $33.60 and had previously closed at $33.40.

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

The business’s 50 day moving average is $32.39 and its two-hundred day moving average is $33.32.

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

A number of large investors have recently made changes to their positions in the business. Total Investment Management Inc. increased its holdings in shares of Schwab Long-Term U.S. Treasury ETF by 0.8% in the 1st quarter. Total Investment Management Inc. now owns 2,530,990 shares of the company’s stock worth $85,370,000 after buying an additional 20,120 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of Schwab Long-Term U.S. Treasury ETF by 164.6% in the 4th quarter. Envestnet Asset Management Inc. now owns 1,622,730 shares of the company’s stock worth $56,925,000 after buying an additional 1,009,393 shares during the last quarter. Northwest Capital Management Inc increased its holdings in shares of Schwab Long-Term U.S. Treasury ETF by 122.2% in the 4th quarter. Northwest Capital Management Inc now owns 506,542 shares of the company’s stock worth $17,769,000 after buying an additional 278,581 shares during the last quarter. CWM LLC increased its holdings in shares of Schwab Long-Term U.S. Treasury ETF by 127.0% in the 4th quarter. CWM LLC now owns 500,872 shares of the company’s stock worth $17,571,000 after buying an additional 280,271 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of Schwab Long-Term U.S. Treasury ETF by 1.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 316,212 shares of the company’s stock worth $11,093,000 after buying an additional 4,129 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.