IFP Advisors Inc Acquires 3,985 Shares of Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ)

IFP Advisors Inc grew its holdings in Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) by 24.3% during the 4th quarter, HoldingsChannel reports. The firm owned 20,353 shares of the company’s stock after purchasing an additional 3,985 shares during the quarter. IFP Advisors Inc’s holdings in Schwab Long-Term U.S. Treasury ETF were worth $640,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Jane Street Group LLC grew its position in Schwab Long-Term U.S. Treasury ETF by 7.9% during the 3rd quarter. Jane Street Group LLC now owns 26,337 shares of the company’s stock worth $922,000 after acquiring an additional 1,923 shares during the last quarter. JPMorgan Chase & Co. grew its position in Schwab Long-Term U.S. Treasury ETF by 25.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 273,557 shares of the company’s stock worth $9,572,000 after acquiring an additional 55,285 shares during the last quarter. Centric Wealth Management bought a new stake in Schwab Long-Term U.S. Treasury ETF during the 3rd quarter worth $4,836,000. Bryn Mawr Capital Management LLC grew its position in Schwab Long-Term U.S. Treasury ETF by 154.0% during the 4th quarter. Bryn Mawr Capital Management LLC now owns 76,951 shares of the company’s stock worth $2,419,000 after acquiring an additional 46,657 shares during the last quarter. Finally, Thrivent Financial for Lutherans grew its position in Schwab Long-Term U.S. Treasury ETF by 9.8% during the 3rd quarter. Thrivent Financial for Lutherans now owns 32,384 shares of the company’s stock worth $1,133,000 after acquiring an additional 2,895 shares during the last quarter.

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

Shares of SCHQ stock opened at $33.15 on Friday. Schwab Long-Term U.S. Treasury ETF has a twelve month low of $30.59 and a twelve month high of $36.06. The stock’s fifty day simple moving average is $31.69 and its 200 day simple moving average is $33.10.

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.