Sfmg LLC Acquires 58,979 Shares of Schwab Long-Term U.S. Treasury ETF $SCHQ

Sfmg LLC lifted its holdings in shares of Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) by 14.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 477,113 shares of the company’s stock after acquiring an additional 58,979 shares during the quarter. Schwab Long-Term U.S. Treasury ETF makes up about 1.0% of Sfmg LLC’s portfolio, making the stock its 16th biggest holding. Sfmg LLC owned 1.67% of Schwab Long-Term U.S. Treasury ETF worth $15,124,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. PNC Financial Services Group Inc. boosted its stake in shares of Schwab Long-Term U.S. Treasury ETF by 229.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 797 shares of the company’s stock worth $25,000 after acquiring an additional 555 shares during the period. Smartleaf Asset Management LLC boosted its stake in Schwab Long-Term U.S. Treasury ETF by 11,843.5% in the 3rd quarter. Smartleaf Asset Management LLC now owns 2,747 shares of the company’s stock valued at $89,000 after purchasing an additional 2,724 shares during the period. LGT Financial Advisors LLC boosted its stake in Schwab Long-Term U.S. Treasury ETF by 314.8% in the 3rd quarter. LGT Financial Advisors LLC now owns 2,833 shares of the company’s stock valued at $92,000 after purchasing an additional 2,150 shares during the period. Tortoise Investment Management LLC boosted its stake in Schwab Long-Term U.S. Treasury ETF by 16.7% in the 3rd quarter. Tortoise Investment Management LLC now owns 4,440 shares of the company’s stock valued at $143,000 after purchasing an additional 635 shares during the period. Finally, Creative Financial Designs Inc. ADV boosted its stake in Schwab Long-Term U.S. Treasury ETF by 62.5% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 4,804 shares of the company’s stock valued at $155,000 after purchasing an additional 1,848 shares during the period.

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

SCHQ opened at $31.12 on Friday. The business has a fifty day simple moving average of $31.18 and a 200 day simple moving average of $31.73. Schwab Long-Term U.S. Treasury ETF has a 1 year low of $30.11 and a 1 year high of $33.19.

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.