Principia Wealth Advisory LLC Sells 49,330 Shares of Schwab Long-Term U.S. Treasury ETF $SCHQ

Principia Wealth Advisory LLC reduced its holdings in shares of Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) by 37.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 82,622 shares of the company’s stock after selling 49,330 shares during the quarter. Schwab Long-Term U.S. Treasury ETF accounts for 0.5% of Principia Wealth Advisory LLC’s portfolio, making the stock its 23rd biggest holding. Principia Wealth Advisory LLC owned about 0.31% of Schwab Long-Term U.S. Treasury ETF worth $2,588,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Downshift Financial LLC increased its holdings in Schwab Long-Term U.S. Treasury ETF by 2.1% in the 1st quarter. Downshift Financial LLC now owns 21,048 shares of the company’s stock worth $658,000 after buying an additional 434 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of Schwab Long-Term U.S. Treasury ETF by 229.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 797 shares of the company’s stock valued at $25,000 after acquiring an additional 555 shares during the last quarter. Mariner LLC grew its stake in shares of Schwab Long-Term U.S. Treasury ETF by 9.0% in the third quarter. Mariner LLC now owns 8,535 shares of the company’s stock worth $276,000 after acquiring an additional 707 shares during the period. Integrated Wealth Concepts LLC grew its stake in shares of Schwab Long-Term U.S. Treasury ETF by 4.5% in the third quarter. Integrated Wealth Concepts LLC now owns 18,070 shares of the company’s stock worth $584,000 after acquiring an additional 771 shares during the period. Finally, Windsor Advisory Group LLC purchased a new position in shares of Schwab Long-Term U.S. Treasury ETF during the first quarter valued at approximately $28,000.

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

Shares of Schwab Long-Term U.S. Treasury ETF stock opened at $29.95 on Monday. Schwab Long-Term U.S. Treasury ETF has a twelve month low of $29.64 and a twelve month high of $33.19. The company’s 50 day moving average is $30.33 and its 200 day moving average is $31.03.

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.