Envestnet Portfolio Solutions Inc. increased its position in shares of Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ – Free Report) by 121.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 127,034 shares of the company’s stock after purchasing an additional 69,700 shares during the quarter. Envestnet Portfolio Solutions Inc. owned approximately 0.45% of Schwab Long-Term U.S. Treasury ETF worth $4,027,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Park Avenue Securities LLC boosted its holdings in Schwab Long-Term U.S. Treasury ETF by 110.4% during the fourth quarter. Park Avenue Securities LLC now owns 388,612 shares of the company’s stock worth $12,319,000 after purchasing an additional 203,907 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in Schwab Long-Term U.S. Treasury ETF by 4.7% during the third quarter. Raymond James Financial Inc. now owns 371,347 shares of the company’s stock worth $11,998,000 after purchasing an additional 16,736 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in Schwab Long-Term U.S. Treasury ETF by 7.5% during the second quarter. Ameriprise Financial Inc. now owns 287,241 shares of the company’s stock worth $9,161,000 after purchasing an additional 19,942 shares during the last quarter. Beacon Bridge Wealth Partners LLC boosted its holdings in Schwab Long-Term U.S. Treasury ETF by 0.7% during the third quarter. Beacon Bridge Wealth Partners LLC now owns 205,649 shares of the company’s stock worth $6,645,000 after purchasing an additional 1,530 shares during the last quarter. Finally, Thrivent Financial for Lutherans purchased a new position in Schwab Long-Term U.S. Treasury ETF during the fourth quarter worth about $6,445,000.
Schwab Long-Term U.S. Treasury ETF Stock Performance
Schwab Long-Term U.S. Treasury ETF stock opened at $30.61 on Friday. Schwab Long-Term U.S. Treasury ETF has a fifty-two week low of $30.11 and a fifty-two week high of $33.19. The firm’s 50-day simple moving average is $31.25 and its 200 day simple moving average is $31.79.
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.
Recommended Stories
- Five stocks we like better than Schwab Long-Term U.S. Treasury ETF
- Meta Platforms 10% Layoff Raises a Bigger Question About AI Spending
- As Small-Cap Outperformance Continues, These 2 ETFs Provide Exposure
- Silicon Shake-Up: The AI Trade Is Moving Beyond NVIDIA
- The Silver Lining of Last Week’s Hims & Hers Earnings Miss
Want to see what other hedge funds are holding SCHQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ – Free Report).
Receive News & Ratings for Schwab Long-Term U.S. Treasury ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab Long-Term U.S. Treasury ETF and related companies with MarketBeat.com's FREE daily email newsletter.
