Commonwealth Equity Services LLC Invests $2.25 Million in Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ)

Commonwealth Equity Services LLC purchased a new position in Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 60,156 shares of the company’s stock, valued at approximately $2,253,000. Commonwealth Equity Services LLC owned approximately 1.02% of Schwab Long-Term U.S. Treasury ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Advisor Group Holdings Inc. raised its stake in Schwab Long-Term U.S. Treasury ETF by 235.7% in the first quarter. Advisor Group Holdings Inc. now owns 856 shares of the company’s stock valued at $40,000 after purchasing an additional 601 shares in the last quarter. UBS Group AG raised its stake in Schwab Long-Term U.S. Treasury ETF by 282.4% in the first quarter. UBS Group AG now owns 1,786 shares of the company’s stock valued at $82,000 after purchasing an additional 1,319 shares in the last quarter. Clear Creek Financial Management LLC raised its stake in Schwab Long-Term U.S. Treasury ETF by 1.7% in the first quarter. Clear Creek Financial Management LLC now owns 83,552 shares of the company’s stock valued at $3,130,000 after purchasing an additional 1,419 shares in the last quarter. OLD Mission Capital LLC purchased a new stake in Schwab Long-Term U.S. Treasury ETF in the fourth quarter valued at approximately $52,000. Finally, Morgan Stanley raised its stake in Schwab Long-Term U.S. Treasury ETF by 1,775.0% in the fourth quarter. Morgan Stanley now owns 1,875 shares of the company’s stock valued at $66,000 after purchasing an additional 1,775 shares in the last quarter.

Schwab Long-Term U.S. Treasury ETF Stock Up 0.2 %

Shares of SCHQ opened at $33.33 on Thursday. The firm’s 50 day simple moving average is $34.67 and its 200 day simple moving average is $35.94. Schwab Long-Term U.S. Treasury ETF has a 1-year low of $32.65 and a 1-year high of $38.47.

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.