Clear Creek Financial Management LLC Decreases Holdings in Schwab Long-Term U.S. Treasury ETF $SCHQ

Clear Creek Financial Management LLC trimmed its holdings in Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) by 48.7% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 28,387 shares of the company’s stock after selling 26,928 shares during the quarter. Clear Creek Financial Management LLC owned 0.11% of Schwab Long-Term U.S. Treasury ETF worth $917,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Beacon Bridge Wealth Partners LLC raised its position in Schwab Long-Term U.S. Treasury ETF by 0.7% in the 3rd quarter. Beacon Bridge Wealth Partners LLC now owns 205,649 shares of the company’s stock worth $6,645,000 after purchasing an additional 1,530 shares during the period. Two West Capital Advisors LLC bought a new position in shares of Schwab Long-Term U.S. Treasury ETF during the third quarter valued at about $204,000. Smartleaf Asset Management LLC increased its holdings in shares of Schwab Long-Term U.S. Treasury ETF by 11,843.5% in the third quarter. Smartleaf Asset Management LLC now owns 2,747 shares of the company’s stock worth $89,000 after buying an additional 2,724 shares during the period. Cornerstone Planning Group LLC bought a new stake in shares of Schwab Long-Term U.S. Treasury ETF in the 3rd quarter valued at about $546,000. Finally, Mutual Advisors LLC boosted its holdings in Schwab Long-Term U.S. Treasury ETF by 4.8% during the 3rd quarter. Mutual Advisors LLC now owns 61,117 shares of the company’s stock valued at $2,014,000 after acquiring an additional 2,773 shares during the period.

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

SCHQ opened at $32.39 on Friday. The stock’s 50 day simple moving average is $31.89 and its 200 day simple moving average is $32.09. Schwab Long-Term U.S. Treasury ETF has a 1 year low of $30.24 and a 1 year high of $33.82.

Schwab Long-Term U.S. Treasury ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 6th. Investors of record on Monday, February 2nd were paid a $0.148 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This is a positive change from Schwab Long-Term U.S. Treasury ETF’s previous monthly dividend of $0.09. This represents a c) annualized dividend and a dividend yield of 5.5%.

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.