Tortoise Investment Management LLC Trims Stock Position in Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ)

Tortoise Investment Management LLC trimmed its stake in Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQFree Report) by 38.1% in the 4th quarter, HoldingsChannel reports. The firm owned 900 shares of the company’s stock after selling 555 shares during the period. Tortoise Investment Management LLC’s holdings in Schwab Long-Term U.S. Treasury ETF were worth $30,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently bought and sold shares of SCHQ. Park Place Capital Corp bought a new position in shares of Schwab Long-Term U.S. Treasury ETF in the fourth quarter worth about $98,000. Sound Income Strategies LLC purchased a new stake in Schwab Long-Term U.S. Treasury ETF in the 4th quarter worth approximately $121,000. Creative Financial Designs Inc. ADV bought a new stake in Schwab Long-Term U.S. Treasury ETF during the 4th quarter worth approximately $124,000. Pacific Capital Wealth Advisors Inc. purchased a new position in Schwab Long-Term U.S. Treasury ETF during the fourth quarter valued at approximately $140,000. Finally, Silver Oak Securities Incorporated boosted its position in shares of Schwab Long-Term U.S. Treasury ETF by 5.6% in the fourth quarter. Silver Oak Securities Incorporated now owns 7,467 shares of the company’s stock worth $262,000 after purchasing an additional 396 shares during the period.

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

Shares of NYSEARCA SCHQ traded down $0.21 during midday trading on Friday, reaching $32.67. The stock had a trading volume of 180,797 shares, compared to its average volume of 241,732. Schwab Long-Term U.S. Treasury ETF has a 12-month low of $29.62 and a 12-month high of $36.63. The stock has a 50-day moving average of $32.60 and a 200-day moving average of $33.16.

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

(Free Report)

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.

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Want to see what other hedge funds are holding SCHQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQFree Report).

Institutional Ownership by Quarter for Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ)

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