WT Wealth Management Invests $3.45 Million in Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ)

WT Wealth Management purchased a new position in shares of Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) in the third quarter, HoldingsChannel reports. The fund purchased 102,603 shares of the company’s stock, valued at approximately $3,448,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SCHQ. Total Investment Management Inc. lifted its holdings in shares of Schwab Long-Term U.S. Treasury ETF by 1.2% during the 2nd quarter. Total Investment Management Inc. now owns 2,560,584 shares of the company’s stock worth $84,013,000 after acquiring an additional 29,594 shares during the period. Sykon Capital LLC purchased a new position in shares of Schwab Long-Term U.S. Treasury ETF in the 2nd quarter worth about $10,807,000. Envestnet Portfolio Solutions Inc. increased its position in Schwab Long-Term U.S. Treasury ETF by 13.5% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 234,831 shares of the company’s stock worth $7,921,000 after purchasing an additional 27,953 shares in the last quarter. Werba Rubin Papier Wealth Management purchased a new position in Schwab Long-Term U.S. Treasury ETF in the third quarter valued at approximately $7,523,000. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new position in Schwab Long-Term U.S. Treasury ETF during the first quarter valued at approximately $7,127,000.

Schwab Long-Term U.S. Treasury ETF Stock Up 0.1 %

Schwab Long-Term U.S. Treasury ETF stock traded up $0.02 during trading on Tuesday, reaching $33.10. 153,056 shares of the company’s stock were exchanged, compared to its average volume of 293,770. The company’s 50-day moving average is $34.77 and its two-hundred day moving average is $33.54. Schwab Long-Term U.S. Treasury ETF has a 52-week low of $29.62 and a 52-week high of $36.06.

Schwab Long-Term U.S. Treasury ETF Company 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.