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

Shares of Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) saw strong trading volume on Wednesday . 895,844 shares changed hands during trading, an increase of 207% from the previous session’s volume of 291,380 shares.The stock last traded at $34.06 and had previously closed at $33.95.

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

The stock’s fifty day moving average is $34.81 and its two-hundred day moving average is $33.52.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the stock. Stratos Wealth Advisors LLC grew its holdings in shares of Schwab Long-Term U.S. Treasury ETF by 1.4% in the third quarter. Stratos Wealth Advisors LLC now owns 67,659 shares of the company’s stock valued at $2,367,000 after acquiring an additional 947 shares in the last quarter. Claro Advisors LLC grew its stake in Schwab Long-Term U.S. Treasury ETF by 9.2% in the 3rd quarter. Claro Advisors LLC now owns 13,501 shares of the company’s stock valued at $472,000 after purchasing an additional 1,138 shares during the period. Greenup Street Wealth Management LLC grew its stake in Schwab Long-Term U.S. Treasury ETF by 19.4% in the 3rd quarter. Greenup Street Wealth Management LLC now owns 32,011 shares of the company’s stock valued at $1,120,000 after purchasing an additional 5,210 shares during the period. B.O.S.S. Retirement Advisors LLC purchased a new stake in shares of Schwab Long-Term U.S. Treasury ETF during the 3rd quarter valued at $5,233,000. Finally, Magnus Financial Group LLC raised its stake in shares of Schwab Long-Term U.S. Treasury ETF by 36.7% during the 3rd quarter. Magnus Financial Group LLC now owns 8,730 shares of the company’s stock worth $305,000 after purchasing an additional 2,342 shares during the period.

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.