Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) Sees Large Volume Increase – Time to Buy?

Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQGet Free Report) saw unusually-strong trading volume on Wednesday . 2,240,616 shares traded hands during mid-day trading, an increase of 178% from the previous session’s volume of 806,128 shares.The stock last traded at $29.5550 and had previously closed at $29.41.

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

The firm has a 50-day moving average price of $30.08 and a two-hundred day moving average price of $30.84.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Windsor Advisory Group LLC purchased a new position in Schwab Long-Term U.S. Treasury ETF during the 1st quarter worth $28,000. Dogwood Wealth Management LLC raised its position in Schwab Long-Term U.S. Treasury ETF by 1,049.7% during the 2nd quarter. Dogwood Wealth Management LLC now owns 1,920 shares of the company’s stock valued at $60,000 after purchasing an additional 1,753 shares in the last quarter. SouthState Bank Corp purchased a new stake in shares of Schwab Long-Term U.S. Treasury ETF in the 1st quarter worth $94,000. C M Bidwell & Associates Ltd. purchased a new stake in shares of Schwab Long-Term U.S. Treasury ETF in the 2nd quarter worth $97,000. Finally, Scarborough Advisors LLC bought a new position in shares of Schwab Long-Term U.S. Treasury ETF during the 1st quarter worth $110,000.

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.

Further Reading

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