Mirae Asset Global Investments Co. Ltd. bought a new stake in Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ – Free Report) during the third quarter, HoldingsChannel reports. The fund bought 759,000 shares of the company’s stock, valued at approximately $21,601,000.
A number of other institutional investors have also added to or reduced their stakes in SCHQ. Tidal Investments LLC raised its position in Schwab Long-Term U.S. Treasury ETF by 106.3% during the second quarter. Tidal Investments LLC now owns 1,394,729 shares of the company’s stock valued at $43,446,000 after purchasing an additional 718,572 shares in the last quarter. Park Avenue Securities LLC purchased a new position in shares of Schwab Long-Term U.S. Treasury ETF in the 3rd quarter worth about $8,348,000. Bank of New York Mellon Corp boosted its holdings in shares of Schwab Long-Term U.S. Treasury ETF by 102.5% in the 1st quarter. Bank of New York Mellon Corp now owns 285,707 shares of the company’s stock worth $8,980,000 after purchasing an additional 144,641 shares in the last quarter. Carolina Wealth Advisors LLC increased its position in shares of Schwab Long-Term U.S. Treasury ETF by 9.3% during the 3rd quarter. Carolina Wealth Advisors LLC now owns 633,300 shares of the company’s stock valued at $18,024,000 after purchasing an additional 53,757 shares during the last quarter. Finally, Compass Financial Management LLC bought a new position in shares of Schwab Long-Term U.S. Treasury ETF during the 2nd quarter valued at about $1,575,000.
Schwab Long-Term U.S. Treasury ETF Price Performance
Shares of NYSEARCA SCHQ opened at $29.72 on Tuesday. Schwab Long-Term U.S. Treasury ETF has a 1-year low of $27.99 and a 1-year high of $32.87. The stock’s 50-day moving average is $29.34 and its 200 day moving average is $30.74.
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.
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