Farther Finance Advisors LLC Increases Stock Holdings in Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ)

Farther Finance Advisors LLC boosted its holdings in shares of Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) by 213,450.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,271 shares of the company’s stock after acquiring an additional 4,269 shares during the quarter. Farther Finance Advisors LLC’s holdings in Schwab Long-Term U.S. Treasury ETF were worth $140,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Raymond James Financial Inc. acquired a new position in Schwab Long-Term U.S. Treasury ETF in the 4th quarter valued at about $11,183,000. Birmingham Capital Management Co. Inc. AL purchased a new stake in Schwab Long-Term U.S. Treasury ETF during the fourth quarter worth approximately $4,652,000. Bank of New York Mellon Corp boosted its holdings in shares of Schwab Long-Term U.S. Treasury ETF by 527.3% in the 4th quarter. Bank of New York Mellon Corp now owns 102,019 shares of the company’s stock valued at $3,206,000 after buying an additional 85,756 shares in the last quarter. Bryn Mawr Capital Management LLC boosted its stake in Schwab Long-Term U.S. Treasury ETF by 154.0% in the fourth quarter. Bryn Mawr Capital Management LLC now owns 76,951 shares of the company’s stock valued at $2,419,000 after acquiring an additional 46,657 shares in the last quarter. Finally, Jane Street Group LLC boosted its position in shares of Schwab Long-Term U.S. Treasury ETF by 160.6% in the 4th quarter. Jane Street Group LLC now owns 68,647 shares of the company’s stock valued at $2,158,000 after purchasing an additional 42,310 shares during the period.

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

Shares of SCHQ opened at $31.29 on Friday. Schwab Long-Term U.S. Treasury ETF has a 12-month low of $30.24 and a 12-month high of $36.07. The company’s 50 day simple moving average is $31.33 and its 200-day simple moving average is $31.83.

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.