Schwab Long US Treasury ETF (NYSEARCA:SCHQ) hits new 52-week high at $35.94

Shares of Schwab Long-Term US Treasury ETF (NYSEARCA:SCHQ – Get Free Report ) hit a new 52-week high on Monday. The stock traded as high as $35.94 and last traded at $35.94, with a volume of 89296 shares traded. Shares previously closed at $35.68.

Performance of the Schwab Long-Term US Treasury ETF

The firm has a 50 day moving average of $34.47 and a two hundred day moving average of $33.39.

Institutional investors are weighing in on the Schwab Long-Term US Treasury ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SCHQ. Charles Schwab Investment Management Inc. raised its stake in Schwab Long-Term US Treasury ETF by 1.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 316,212 shares of the company’s stock valued at $11,093,000 after purchasing an additional 4,129 shares in the last quarter. TSA Wealth Managment LLC purchased a new stake in Schwab Long-Term US Treasury ETF in the fourth quarter valued at about $411,000. Focus Financial Network Inc. ADV purchased a new stake in Schwab Long-Term US Treasury ETF in the fourth quarter valued at approximately $710,000. Beacon Bridge Wealth Partners LLC raised its stake in Schwab Long-Term US Treasury ETF by 43.4% during the fourth quarter. Beacon Bridge Wealth Partners LLC now owns 105,646 shares of the company’s stock worth $3,706,000 after buying an additional 31,953 shares in the last quarter. Finally, Exencial Wealth Advisors LLC acquired a new stake in shares of Schwab Long-Term US Treasury ETF during the fourth quarter valued at about $210,000.

Profile of Schwab Long Term US Treasury ETF

(Get a free report)

The Schwab Long-Term US 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 Investment-grade US Treasuries with remaining maturities of 10 years or more. SCHQ was launched on October 10, 2019 and is managed by Charles Schwab.

Featured stories

Get daily news and ratings for Schwab Long-Term US Treasury ETF – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Schwab Long-Term US Treasury ETF and related companies with MarketBeat ‘s FREE daily email newsletter. com.