DKM Wealth Management Inc. Purchases New Position in Schwab Long-Term U.S. Treasury ETF $SCHQ

DKM Wealth Management Inc. acquired a new stake in Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 30,298 shares of the company’s stock, valued at approximately $862,000. Schwab Long-Term U.S. Treasury ETF makes up 0.5% of DKM Wealth Management Inc.’s investment portfolio, making the stock its 24th largest position. DKM Wealth Management Inc. owned about 0.09% of Schwab Long-Term U.S. Treasury ETF as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the company. MML Investors Services LLC raised its stake in shares of Schwab Long-Term U.S. Treasury ETF by 98.4% during the 4th quarter. MML Investors Services LLC now owns 1,645,892 shares of the company’s stock worth $52,175,000 after buying an additional 816,199 shares during the last quarter. Tidal Investments LLC raised its position in Schwab Long-Term U.S. Treasury ETF by 106.3% during the second quarter. Tidal Investments LLC now owns 1,394,729 shares of the company’s stock worth $43,446,000 after acquiring an additional 718,572 shares during the last quarter. Carolina Wealth Advisors LLC lifted its holdings in shares of Schwab Long-Term U.S. Treasury ETF by 2.7% in the second quarter. Carolina Wealth Advisors LLC now owns 579,543 shares of the company’s stock valued at $18,140,000 after purchasing an additional 15,277 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Schwab Long-Term U.S. Treasury ETF by 102.5% in the first quarter. Bank of New York Mellon Corp now owns 285,707 shares of the company’s stock valued at $8,980,000 after purchasing an additional 144,641 shares in the last quarter. Finally, L2 Asset Management LLC grew its position in shares of Schwab Long-Term U.S. Treasury ETF by 3.3% in the fourth quarter. L2 Asset Management LLC now owns 162,424 shares of the company’s stock valued at $5,149,000 after purchasing an additional 5,260 shares during the last quarter.

Schwab Long-Term U.S. Treasury ETF Trading Up 0.1%

Shares of SCHQ traded up $0.03 during mid-day trading on Friday, reaching $28.48. 1,181,663 shares of the company’s stock were exchanged, compared to its average volume of 900,969. Schwab Long-Term U.S. Treasury ETF has a 52-week low of $27.99 and a 52-week high of $33.19. The company has a 50-day simple moving average of $29.58 and a two-hundred day simple moving average of $30.52.

Schwab Long-Term U.S. Treasury ETF 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.