Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) Sees Unusually-High Trading Volume – What’s Next?

Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) shares saw unusually-high trading volume on Wednesday . Approximately 809,915 shares traded hands during trading, an increase of 155% from the previous session’s volume of 317,416 shares.The stock last traded at $32.69 and had previously closed at $32.61.

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

The firm has a 50 day moving average of $32.04 and a 200 day moving average of $32.89.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Jones Financial Companies Lllp bought a new position in Schwab Long-Term U.S. Treasury ETF in the fourth quarter worth approximately $27,000. Aptus Capital Advisors LLC bought a new position in Schwab Long-Term U.S. Treasury ETF in the fourth quarter worth approximately $80,000. Oarsman Capital Inc. bought a new position in Schwab Long-Term U.S. Treasury ETF in the fourth quarter worth approximately $83,000. Armstrong Advisory Group Inc. bought a new position in Schwab Long-Term U.S. Treasury ETF in the fourth quarter worth approximately $184,000. Finally, Commonwealth Equity Services LLC boosted its holdings in Schwab Long-Term U.S. Treasury ETF by 19.8% in the fourth quarter. Commonwealth Equity Services LLC now owns 7,671 shares of the company’s stock worth $241,000 after acquiring an additional 1,266 shares in the last quarter.

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.