Frisch Financial Group Inc. Acquires New Shares in Schwab Long-Term U.S. Treasury ETF $SCHQ

Frisch Financial Group Inc. bought a new stake in shares of Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 31,820 shares of the company’s stock, valued at approximately $1,000,000. Frisch Financial Group Inc. owned 0.11% of Schwab Long-Term U.S. Treasury ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the stock. LPL Financial LLC grew its stake in shares of Schwab Long-Term U.S. Treasury ETF by 108.3% in the fourth quarter. LPL Financial LLC now owns 1,904,417 shares of the company’s stock worth $60,370,000 after acquiring an additional 990,099 shares during the period. MML Investors Services LLC boosted its holdings in Schwab Long-Term U.S. Treasury ETF by 98.4% in the fourth quarter. MML Investors Services LLC now owns 1,645,892 shares of the company’s stock worth $52,175,000 after purchasing an additional 816,199 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in Schwab Long-Term U.S. Treasury ETF by 60.4% in the fourth quarter. JPMorgan Chase & Co. now owns 601,927 shares of the company’s stock worth $19,081,000 after purchasing an additional 226,742 shares during the last quarter. Cetera Investment Advisers grew its position in Schwab Long-Term U.S. Treasury ETF by 75.6% in the 4th quarter. Cetera Investment Advisers now owns 497,042 shares of the company’s stock worth $15,756,000 after purchasing an additional 213,942 shares during the period. Finally, Sfmg LLC grew its position in Schwab Long-Term U.S. Treasury ETF by 14.1% in the 4th quarter. Sfmg LLC now owns 477,113 shares of the company’s stock worth $15,124,000 after purchasing an additional 58,979 shares during the period.

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

Shares of SCHQ opened at $30.60 on Friday. The firm has a fifty day simple moving average of $30.95 and a two-hundred day simple moving average of $31.46. Schwab Long-Term U.S. Treasury ETF has a 1-year low of $30.11 and a 1-year high of $33.19.

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.