Sfmg LLC Cuts Position in Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ)

Sfmg LLC lessened its holdings in Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) by 56.8% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 274,564 shares of the company’s stock after selling 360,678 shares during the quarter. Schwab Long-Term U.S. Treasury ETF comprises 0.7% of Sfmg LLC’s portfolio, making the stock its 19th largest position. Sfmg LLC’s holdings in Schwab Long-Term U.S. Treasury ETF were worth $8,630,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in SCHQ. Thrivent Financial for Lutherans grew its holdings in shares of Schwab Long-Term U.S. Treasury ETF by 9.8% during the third quarter. Thrivent Financial for Lutherans now owns 32,384 shares of the company’s stock valued at $1,133,000 after buying an additional 2,895 shares during the last quarter. Centric Wealth Management purchased a new stake in shares of Schwab Long-Term U.S. Treasury ETF during the third quarter valued at approximately $4,836,000. IHT Wealth Management LLC grew its holdings in shares of Schwab Long-Term U.S. Treasury ETF by 145.1% during the third quarter. IHT Wealth Management LLC now owns 20,328 shares of the company’s stock valued at $713,000 after buying an additional 12,035 shares during the last quarter. Jane Street Group LLC grew its holdings in shares of Schwab Long-Term U.S. Treasury ETF by 7.9% during the third quarter. Jane Street Group LLC now owns 26,337 shares of the company’s stock valued at $922,000 after buying an additional 1,923 shares during the last quarter. Finally, MML Investors Services LLC grew its holdings in shares of Schwab Long-Term U.S. Treasury ETF by 41.2% during the third quarter. MML Investors Services LLC now owns 456,967 shares of the company’s stock valued at $15,989,000 after buying an additional 133,361 shares during the last quarter.

Schwab Long-Term U.S. Treasury ETF Trading Down 0.5 %

NYSEARCA:SCHQ opened at $32.66 on Friday. The company’s 50 day moving average price is $32.08 and its 200-day moving average price is $32.88. Schwab Long-Term U.S. Treasury ETF has a 52 week low of $30.59 and a 52 week high of $36.07.

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.