Thrivent Financial for Lutherans Makes New $2.01 Million Investment in Schwab Long-Term U.S. Treasury ETF $SCHQ

Thrivent Financial for Lutherans bought a new position in shares of Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 63,022 shares of the company’s stock, valued at approximately $2,010,000. Thrivent Financial for Lutherans owned approximately 0.24% of Schwab Long-Term U.S. Treasury ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of SCHQ. Farther Finance Advisors LLC grew its stake in Schwab Long-Term U.S. Treasury ETF by 11.2% during the 2nd quarter. Farther Finance Advisors LLC now owns 4,750 shares of the company’s stock valued at $151,000 after acquiring an additional 479 shares in the last quarter. Centric Wealth Management boosted its holdings in shares of Schwab Long-Term U.S. Treasury ETF by 8.7% during the 2nd quarter. Centric Wealth Management now owns 143,603 shares of the company’s stock worth $4,538,000 after purchasing an additional 11,450 shares during the last quarter. RDA Financial Network grew its position in shares of Schwab Long-Term U.S. Treasury ETF by 17.0% in the second quarter. RDA Financial Network now owns 9,317 shares of the company’s stock valued at $297,000 after purchasing an additional 1,353 shares in the last quarter. Meridian Management Co. purchased a new stake in shares of Schwab Long-Term U.S. Treasury ETF in the second quarter valued at approximately $508,000. Finally, Carolina Wealth Advisors LLC acquired a new stake in shares of Schwab Long-Term U.S. Treasury ETF in the second quarter valued at approximately $941,000.

Schwab Long-Term U.S. Treasury ETF Trading Up 0.1%

Shares of Schwab Long-Term U.S. Treasury ETF stock opened at $31.74 on Wednesday. The business’s 50 day moving average price is $32.37 and its 200 day moving average price is $31.93. Schwab Long-Term U.S. Treasury ETF has a one year low of $30.24 and a one year 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.