Sfmg LLC Increases Stake in Schwab Long-Term U.S. Treasury ETF $SCHQ

Sfmg LLC increased its stake in Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) by 13.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 333,091 shares of the company’s stock after buying an additional 38,814 shares during the period. Schwab Long-Term U.S. Treasury ETF accounts for 0.8% of Sfmg LLC’s portfolio, making the stock its 19th largest position. Sfmg LLC owned approximately 1.25% of Schwab Long-Term U.S. Treasury ETF worth $10,622,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also bought and sold shares of SCHQ. Total Investment Management Inc. grew its holdings in shares of Schwab Long-Term U.S. Treasury ETF by 9.7% during the 1st quarter. Total Investment Management Inc. now owns 3,107,875 shares of the company’s stock worth $101,814,000 after acquiring an additional 275,919 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Schwab Long-Term U.S. Treasury ETF by 6.5% during the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,389,378 shares of the company’s stock valued at $44,307,000 after purchasing an additional 84,405 shares in the last quarter. LPL Financial LLC grew its stake in Schwab Long-Term U.S. Treasury ETF by 303.1% in the first quarter. LPL Financial LLC now owns 1,007,643 shares of the company’s stock worth $33,010,000 after purchasing an additional 757,652 shares during the period. Werba Rubin Papier Wealth Management raised its holdings in Schwab Long-Term U.S. Treasury ETF by 107.6% in the first quarter. Werba Rubin Papier Wealth Management now owns 632,813 shares of the company’s stock worth $20,731,000 after purchasing an additional 327,943 shares in the last quarter. Finally, Cetera Investment Advisers raised its holdings in Schwab Long-Term U.S. Treasury ETF by 687.3% in the first quarter. Cetera Investment Advisers now owns 329,731 shares of the company’s stock worth $10,802,000 after purchasing an additional 287,852 shares in the last quarter.

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

Shares of SCHQ stock opened at $32.36 on Friday. Schwab Long-Term U.S. Treasury ETF has a 12 month low of $30.24 and a 12 month high of $33.84. The company’s fifty day moving average price is $32.49 and its 200-day moving average price is $31.76.

Schwab Long-Term U.S. Treasury ETF Company 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.