Bryn Mawr Capital Management LLC Takes $2.52 Million Position in Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ)

Bryn Mawr Capital Management LLC acquired a new stake in shares of Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) in the 4th quarter, HoldingsChannel reports. The fund acquired 71,939 shares of the company’s stock, valued at approximately $2,524,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Atria Wealth Solutions Inc. bought a new position in Schwab Long-Term U.S. Treasury ETF in the fourth quarter worth about $363,000. Northwest Capital Management Inc raised its stake in Schwab Long-Term U.S. Treasury ETF by 122.2% in the fourth quarter. Northwest Capital Management Inc now owns 506,542 shares of the company’s stock worth $17,769,000 after buying an additional 278,581 shares in the last quarter. CWM LLC raised its stake in Schwab Long-Term U.S. Treasury ETF by 127.0% in the fourth quarter. CWM LLC now owns 500,872 shares of the company’s stock worth $17,571,000 after buying an additional 280,271 shares in the last quarter. Strategic Blueprint LLC bought a new position in Schwab Long-Term U.S. Treasury ETF in the fourth quarter worth about $263,000. Finally, Stratos Wealth Advisors LLC raised its stake in Schwab Long-Term U.S. Treasury ETF by 85.9% in the fourth quarter. Stratos Wealth Advisors LLC now owns 100,478 shares of the company’s stock worth $3,525,000 after buying an additional 46,434 shares in the last quarter.

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

SCHQ stock traded up $0.15 during trading on Friday, reaching $31.60. The company had a trading volume of 120,429 shares, compared to its average volume of 257,202. Schwab Long-Term U.S. Treasury ETF has a 52 week low of $29.62 and a 52 week high of $37.61. The business has a 50 day moving average of $32.96 and a 200 day moving average of $32.97.

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.