Envestnet Portfolio Solutions Inc. Reduces Position in Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ)

Envestnet Portfolio Solutions Inc. lowered its position in Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) by 45.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 99,152 shares of the company’s stock after selling 83,486 shares during the quarter. Envestnet Portfolio Solutions Inc. owned approximately 0.50% of Schwab Long-Term U.S. Treasury ETF worth $3,116,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Jones Financial Companies Lllp purchased a new stake in Schwab Long-Term U.S. Treasury ETF in the 4th quarter valued at $27,000. Armstrong Advisory Group Inc. acquired a new position in Schwab Long-Term U.S. Treasury ETF in the fourth quarter valued at $184,000. Roger Wittlin Investment Advisory LLC purchased a new stake in shares of Schwab Long-Term U.S. Treasury ETF in the third quarter valued at about $204,000. Commonwealth Equity Services LLC boosted its stake in shares of Schwab Long-Term U.S. Treasury ETF by 19.8% during the fourth quarter. Commonwealth Equity Services LLC now owns 7,671 shares of the company’s stock worth $241,000 after buying an additional 1,266 shares during the period. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new position in shares of Schwab Long-Term U.S. Treasury ETF during the fourth quarter worth about $292,000.

Schwab Long-Term U.S. Treasury ETF Stock Up 0.5 %

SCHQ opened at $32.77 on Thursday. Schwab Long-Term U.S. Treasury ETF has a 52 week low of $30.59 and a 52 week high of $36.07. The business has a 50 day moving average price of $32.01 and a two-hundred day moving average price of $32.89.

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.