Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) Short Interest Update

Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) was the target of a significant decrease in short interest in the month of March. As of March 13th, there was short interest totaling 183,621 shares, a decrease of 46.8% from the February 26th total of 344,906 shares. Based on an average daily trading volume, of 1,300,595 shares, the short-interest ratio is presently 0.1 days. Currently, 0.6% of the shares of the company are sold short.

Hedge Funds Weigh In On Schwab Long-Term U.S. Treasury ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Carolina Wealth Advisors LLC lifted its position in Schwab Long-Term U.S. Treasury ETF by 1,885.9% in the third quarter. Carolina Wealth Advisors LLC now owns 585,782 shares of the company’s stock valued at $18,927,000 after purchasing an additional 556,285 shares during the period. Thrivent Financial for Lutherans purchased a new position in shares of Schwab Long-Term U.S. Treasury ETF during the 2nd quarter worth approximately $2,010,000. Park Avenue Securities LLC raised its stake in shares of Schwab Long-Term U.S. Treasury ETF by 110.4% during the 4th quarter. Park Avenue Securities LLC now owns 388,612 shares of the company’s stock worth $12,319,000 after buying an additional 203,907 shares in the last quarter. MFG Wealth Management Inc. acquired a new stake in shares of Schwab Long-Term U.S. Treasury ETF in the 3rd quarter valued at approximately $2,278,000. Finally, Cornerstone Planning Group LLC acquired a new position in Schwab Long-Term U.S. Treasury ETF during the third quarter worth $546,000.

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

NYSEARCA SCHQ opened at $31.20 on Friday. Schwab Long-Term U.S. Treasury ETF has a 52-week low of $30.24 and a 52-week high of $33.82. The business’s 50-day moving average price is $31.93 and its 200 day moving average price is $32.16.

Schwab Long-Term U.S. Treasury ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, March 6th. Stockholders of record on Monday, March 2nd were paid a dividend of $0.1066 per share. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date was Monday, March 2nd.

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.