Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) Reaches New 52-Week High at $35.94

Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ)’s share price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $35.94 and last traded at $35.94, with a volume of 89296 shares trading hands. The stock had previously closed at $35.68.

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

The stock’s 50 day moving average is $34.47 and its 200-day moving average is $33.39.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of SCHQ. Larson Financial Group LLC bought a new position in shares of Schwab Long-Term U.S. Treasury ETF in the second quarter worth about $26,000. Pineridge Advisors LLC acquired a new stake in shares of Schwab Long-Term U.S. Treasury ETF during the 4th quarter worth approximately $78,000. Tortoise Investment Management LLC grew its stake in shares of Schwab Long-Term U.S. Treasury ETF by 64.9% during the 4th quarter. Tortoise Investment Management LLC now owns 2,400 shares of the company’s stock worth $84,000 after purchasing an additional 945 shares during the period. Scarborough Advisors LLC acquired a new stake in shares of Schwab Long-Term U.S. Treasury ETF during the 4th quarter worth approximately $106,000. Finally, Exencial Wealth Advisors LLC acquired a new stake in shares of Schwab Long-Term U.S. Treasury ETF during the 4th quarter worth approximately $210,000.

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.