MFG Wealth Management Inc. Invests $2.28 Million in Schwab Long-Term U.S. Treasury ETF $SCHQ

MFG Wealth Management Inc. purchased a new stake in Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) in the third quarter, according to its most recent filing with the SEC. The fund purchased 70,514 shares of the company’s stock, valued at approximately $2,278,000. Schwab Long-Term U.S. Treasury ETF comprises 1.7% of MFG Wealth Management Inc.’s portfolio, making the stock its 26th biggest position.

Other large investors have also recently added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Schwab Long-Term U.S. Treasury ETF by 6.5% in the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,389,378 shares of the company’s stock worth $44,307,000 after purchasing an additional 84,405 shares during the period. Carolina Wealth Advisors LLC raised its holdings in shares of Schwab Long-Term U.S. Treasury ETF by 1,885.9% during the third quarter. Carolina Wealth Advisors LLC now owns 585,782 shares of the company’s stock worth $18,927,000 after purchasing an additional 556,285 shares during the period. Faithward Advisors LLC lifted its position in shares of Schwab Long-Term U.S. Treasury ETF by 3.8% in the 2nd quarter. Faithward Advisors LLC now owns 425,447 shares of the company’s stock worth $13,568,000 after buying an additional 15,470 shares during the last quarter. Sfmg LLC boosted its holdings in shares of Schwab Long-Term U.S. Treasury ETF by 13.2% in the 2nd quarter. Sfmg LLC now owns 333,091 shares of the company’s stock valued at $10,622,000 after buying an additional 38,814 shares during the period. Finally, Ameriprise Financial Inc. grew its position in shares of Schwab Long-Term U.S. Treasury ETF by 7.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 287,241 shares of the company’s stock valued at $9,161,000 after buying an additional 19,942 shares during the last quarter.

Schwab Long-Term U.S. Treasury ETF Trading Up 0.4%

SCHQ opened at $31.99 on Friday. The company’s 50-day moving average price is $32.43 and its 200 day moving average price is $31.90. Schwab Long-Term U.S. Treasury ETF has a fifty-two week low of $30.24 and a fifty-two week high of $33.82.

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.