Cambridge Investment Research Advisors Inc. Cuts Position in Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ)

Cambridge Investment Research Advisors Inc. trimmed its holdings in shares of Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) by 17.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,943 shares of the company’s stock after selling 4,266 shares during the period. Cambridge Investment Research Advisors Inc. owned about 0.07% of Schwab Long-Term U.S. Treasury ETF worth $653,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of SCHQ. Jones Financial Companies Lllp acquired a new stake in shares of Schwab Long-Term U.S. Treasury ETF in the fourth quarter valued at about $27,000. GAMMA Investing LLC acquired a new stake in Schwab Long-Term U.S. Treasury ETF in the first quarter valued at approximately $31,000. Versant Capital Management Inc acquired a new stake in Schwab Long-Term U.S. Treasury ETF in the first quarter valued at approximately $38,000. Barden Capital Management Inc. raised its stake in shares of Schwab Long-Term U.S. Treasury ETF by 3.0% during the first quarter. Barden Capital Management Inc. now owns 43,490 shares of the company’s stock valued at $1,425,000 after purchasing an additional 1,258 shares during the period. Finally, Commonwealth Equity Services LLC lifted its position in shares of Schwab Long-Term U.S. Treasury ETF by 19.8% during the fourth quarter. Commonwealth Equity Services LLC now owns 7,671 shares of the company’s stock worth $241,000 after purchasing an additional 1,266 shares in the last quarter.

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

Shares of SCHQ stock opened at $31.16 on Tuesday. The firm has a fifty day simple moving average of $31.30 and a 200-day simple moving average of $31.73. Schwab Long-Term U.S. Treasury ETF has a twelve month low of $30.24 and a twelve month high of $36.07.

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.