Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) Sees Large Volume Increase – Here’s What Happened

Shares of Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQGet Free Report) saw strong trading volume on Wednesday . 918,723 shares were traded during trading, an increase of 15% from the previous session’s volume of 800,833 shares.The stock last traded at $30.36 and had previously closed at $30.20.

Schwab Long-Term U.S. Treasury ETF Trading Up 1.0%

The business’s 50-day moving average is $31.32 and its two-hundred day moving average is $31.82.

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

Hedge funds have recently added to or reduced their stakes in the stock. PNC Financial Services Group Inc. raised its position in Schwab Long-Term U.S. Treasury ETF by 229.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 797 shares of the company’s stock worth $25,000 after acquiring an additional 555 shares during the period. Windsor Advisory Group LLC bought a new stake in shares of Schwab Long-Term U.S. Treasury ETF in the first quarter valued at approximately $28,000. Kestra Advisory Services LLC bought a new stake in shares of Schwab Long-Term U.S. Treasury ETF in the fourth quarter valued at approximately $45,000. Atlas Capital Advisors Inc. bought a new stake in shares of Schwab Long-Term U.S. Treasury ETF in the fourth quarter valued at approximately $51,000. Finally, Smartleaf Asset Management LLC raised its position in shares of Schwab Long-Term U.S. Treasury ETF by 11,843.5% in the third quarter. Smartleaf Asset Management LLC now owns 2,747 shares of the company’s stock valued at $89,000 after purchasing an additional 2,724 shares during the period.

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.

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