Schwab Long-Term U.S. Treasury ETF $SCHQ Shares Sold by Faithward Advisors LLC

Faithward Advisors LLC trimmed its holdings in Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) by 92.1% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 33,638 shares of the company’s stock after selling 391,809 shares during the period. Faithward Advisors LLC owned 0.13% of Schwab Long-Term U.S. Treasury ETF worth $1,087,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Smartleaf Asset Management LLC increased its position in Schwab Long-Term U.S. Treasury ETF by 11,843.5% in the 3rd quarter. Smartleaf Asset Management LLC now owns 2,747 shares of the company’s stock valued at $89,000 after acquiring an additional 2,724 shares during the period. LGT Financial Advisors LLC lifted its position in Schwab Long-Term U.S. Treasury ETF by 314.8% during the 3rd quarter. LGT Financial Advisors LLC now owns 2,833 shares of the company’s stock worth $92,000 after acquiring an additional 2,150 shares during the period. Tortoise Investment Management LLC grew its stake in shares of Schwab Long-Term U.S. Treasury ETF by 16.7% in the 3rd quarter. Tortoise Investment Management LLC now owns 4,440 shares of the company’s stock valued at $143,000 after purchasing an additional 635 shares during the last quarter. Creative Financial Designs Inc. ADV grew its stake in shares of Schwab Long-Term U.S. Treasury ETF by 62.5% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 4,804 shares of the company’s stock valued at $155,000 after purchasing an additional 1,848 shares during the last quarter. Finally, GeoWealth Management LLC purchased a new position in shares of Schwab Long-Term U.S. Treasury ETF in the 3rd quarter valued at approximately $169,000.

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

NYSEARCA:SCHQ opened at $31.73 on Wednesday. Schwab Long-Term U.S. Treasury ETF has a 12-month low of $30.24 and a 12-month high of $33.82. The stock’s 50 day simple moving average is $32.01 and its 200-day simple moving average is $32.17.

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

The company also recently disclosed a monthly dividend, which was paid on Friday, March 6th. Investors of record on Monday, March 2nd were given a $0.1066 dividend. This represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date was Monday, March 2nd.

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.