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 Monday . Approximately 524,193 shares traded hands during trading, an increase of 92% from the previous session’s volume of 272,483 shares.The stock last traded at $31.76 and had previously closed at $31.53.

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

The firm has a 50 day moving average price of $32.00 and a two-hundred day moving average price of $33.33.

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

Hedge funds have recently bought and sold shares of the company. Jane Street Group LLC raised its holdings in shares of Schwab Long-Term U.S. Treasury ETF by 7.9% during the third quarter. Jane Street Group LLC now owns 26,337 shares of the company’s stock valued at $922,000 after acquiring an additional 1,923 shares during the period. JPMorgan Chase & Co. boosted its stake in Schwab Long-Term U.S. Treasury ETF by 25.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 273,557 shares of the company’s stock worth $9,572,000 after purchasing an additional 55,285 shares during the period. Claro Advisors LLC grew its position in Schwab Long-Term U.S. Treasury ETF by 9.2% during the 3rd quarter. Claro Advisors LLC now owns 13,501 shares of the company’s stock worth $472,000 after purchasing an additional 1,138 shares in the last quarter. Stratos Wealth Advisors LLC raised its stake in Schwab Long-Term U.S. Treasury ETF by 1.4% during the 3rd quarter. Stratos Wealth Advisors LLC now owns 67,659 shares of the company’s stock valued at $2,367,000 after purchasing an additional 947 shares during the period. Finally, Magnus Financial Group LLC lifted its holdings in shares of Schwab Long-Term U.S. Treasury ETF by 36.7% in the third quarter. Magnus Financial Group LLC now owns 8,730 shares of the company’s stock valued at $305,000 after purchasing an additional 2,342 shares in the last quarter.

About Schwab Long-Term U.S. Treasury ETF

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.