National Bank of Canada FI Makes New Investment in Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ)

National Bank of Canada FI acquired a new stake in shares of Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) in the 4th quarter, HoldingsChannel.com reports. The fund acquired 37,400 shares of the company’s stock, valued at approximately $1,175,000.

Other hedge funds also recently made changes to their positions in the company. Jones Financial Companies Lllp acquired a new stake in shares of Schwab Long-Term U.S. Treasury ETF during the fourth quarter worth $27,000. Armstrong Advisory Group Inc. acquired a new stake in Schwab Long-Term U.S. Treasury ETF during the 4th quarter worth about $184,000. Commonwealth Equity Services LLC lifted its stake in 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 valued at $241,000 after buying an additional 1,266 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in shares of Schwab Long-Term U.S. Treasury ETF in the fourth quarter worth about $292,000. Finally, Sellwood Investment Partners LLC purchased a new position in shares of Schwab Long-Term U.S. Treasury ETF in the fourth quarter worth approximately $469,000.

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

SCHQ stock opened at $31.92 on Wednesday. The company’s 50 day simple moving average is $32.38 and its 200-day simple moving average is $32.59. 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.