Galvin Gaustad & Stein LLC Sells 3,851 Shares of Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ)

Galvin Gaustad & Stein LLC reduced its stake in Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) by 3.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 121,439 shares of the company’s stock after selling 3,851 shares during the period. Galvin Gaustad & Stein LLC owned 0.62% of Schwab Long-Term U.S. Treasury ETF worth $3,817,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Jane Street Group LLC raised its position in shares of Schwab Long-Term U.S. Treasury ETF by 7.9% in the third quarter. Jane Street Group LLC now owns 26,337 shares of the company’s stock valued at $922,000 after purchasing an additional 1,923 shares during the period. JPMorgan Chase & Co. raised its position in shares of Schwab Long-Term U.S. Treasury ETF by 25.3% in the third quarter. JPMorgan Chase & Co. now owns 273,557 shares of the company’s stock valued at $9,572,000 after purchasing an additional 55,285 shares during the period. Bank of New York Mellon Corp raised its position in shares of Schwab Long-Term U.S. Treasury ETF by 8.2% in the second quarter. Bank of New York Mellon Corp now owns 9,893 shares of the company’s stock valued at $325,000 after purchasing an additional 748 shares during the period. Collective Family Office LLC raised its position in shares of Schwab Long-Term U.S. Treasury ETF by 64.4% in the third quarter. Collective Family Office LLC now owns 109,530 shares of the company’s stock valued at $3,832,000 after purchasing an additional 42,887 shares during the period. Finally, Claro Advisors LLC raised its position in shares of Schwab Long-Term U.S. Treasury ETF by 9.2% in the third quarter. Claro Advisors LLC now owns 13,501 shares of the company’s stock valued at $472,000 after purchasing an additional 1,138 shares during the period.

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

NYSEARCA SCHQ opened at $31.29 on Thursday. The company’s 50 day moving average is $32.11 and its 200-day moving average is $33.41. Schwab Long-Term U.S. Treasury ETF has a 12-month low of $30.59 and a 12-month high of $36.06.

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.