JPMorgan Chase & Co. Sells 111,962 Shares of Schwab Long-Term U.S. Treasury ETF $SCHQ

JPMorgan Chase & Co. reduced its stake in shares of Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) by 23.0% in the second quarter, HoldingsChannel.com reports. The firm owned 374,273 shares of the company’s stock after selling 111,962 shares during the period. JPMorgan Chase & Co.’s holdings in Schwab Long-Term U.S. Treasury ETF were worth $11,936,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of SCHQ. Farther Finance Advisors LLC boosted its position in shares of Schwab Long-Term U.S. Treasury ETF by 11.2% during the second quarter. Farther Finance Advisors LLC now owns 4,750 shares of the company’s stock valued at $151,000 after buying an additional 479 shares during the last quarter. Fermata Advisors LLC lifted its stake in Schwab Long-Term U.S. Treasury ETF by 1.4% during the 2nd quarter. Fermata Advisors LLC now owns 37,628 shares of the company’s stock valued at $1,200,000 after acquiring an additional 527 shares in the last quarter. Park Place Capital Corp boosted its holdings in Schwab Long-Term U.S. Treasury ETF by 176.9% during the 2nd quarter. Park Place Capital Corp now owns 886 shares of the company’s stock worth $28,000 after acquiring an additional 566 shares during the last quarter. IFP Advisors Inc grew its stake in shares of Schwab Long-Term U.S. Treasury ETF by 2.7% in the 2nd quarter. IFP Advisors Inc now owns 22,207 shares of the company’s stock worth $708,000 after acquiring an additional 582 shares in the last quarter. Finally, Seek First Inc. raised its holdings in shares of Schwab Long-Term U.S. Treasury ETF by 2.3% in the second quarter. Seek First Inc. now owns 33,532 shares of the company’s stock valued at $1,069,000 after purchasing an additional 760 shares during the last quarter.

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

SCHQ opened at $31.94 on Monday. Schwab Long-Term U.S. Treasury ETF has a fifty-two week low of $30.24 and a fifty-two week high of $33.84. The company’s 50-day moving average is $32.50 and its 200 day moving average is $31.85.

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.