Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) Shares Up 1.4% – What’s Next?

Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQGet Free Report) rose 1.4% during trading on Friday . The stock traded as high as $33.70 and last traded at $33.54. Approximately 132,859 shares were traded during mid-day trading, a decline of 60% from the average daily volume of 330,344 shares. The stock had previously closed at $33.08.

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

The firm’s 50 day moving average is $32.35 and its two-hundred day moving average is $32.66.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of SCHQ. Jane Street Group LLC raised its stake in Schwab Long-Term U.S. Treasury ETF by 7.9% in the 3rd 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. raised its position in shares of Schwab Long-Term U.S. Treasury ETF by 25.3% in the third quarter. JPMorgan Chase & Co. now owns 273,557 shares of the company’s stock valued at $9,572,000 after purchasing an additional 55,285 shares during the period. Bryn Mawr Capital Management LLC raised its position in shares of Schwab Long-Term U.S. Treasury ETF by 154.0% in the fourth quarter. Bryn Mawr Capital Management LLC now owns 76,951 shares of the company’s stock valued at $2,419,000 after purchasing an additional 46,657 shares during the period. Private Advisor Group LLC lifted its stake in shares of Schwab Long-Term U.S. Treasury ETF by 16.2% during the 4th quarter. Private Advisor Group LLC now owns 24,606 shares of the company’s stock worth $773,000 after buying an additional 3,433 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new stake in shares of Schwab Long-Term U.S. Treasury ETF during the 4th quarter worth about $11,183,000.

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.

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