Shares of Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ – Get Free Report) saw unusually-high trading volume on Tuesday . Approximately 101,554 shares were traded during mid-day trading, a decline of 61% from the previous session’s volume of 259,280 shares.The stock last traded at $35.92 and had previously closed at $35.98.
Schwab Long-Term U.S. Treasury ETF Stock Performance
The company’s 50 day moving average price is $34.37 and its 200 day moving average price is $33.36.
Institutional Trading of Schwab Long-Term U.S. Treasury ETF
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Envestnet Asset Management Inc. raised its stake 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 valued at $56,925,000 after acquiring an additional 1,009,393 shares in the last quarter. Sykon Capital LLC acquired a new stake in shares of Schwab Long-Term U.S. Treasury ETF in the second quarter worth $10,807,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Schwab Long-Term U.S. Treasury ETF in the first quarter worth $7,127,000. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Schwab Long-Term U.S. Treasury ETF by 801.5% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 154,416 shares of the company’s stock worth $5,066,000 after buying an additional 137,287 shares during the period. Finally, TAP Consulting LLC acquired a new position in Schwab Long-Term U.S. Treasury ETF in the 2nd quarter valued at $2,529,000.
Schwab Long-Term U.S. Treasury ETF Company Profile
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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