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

WT Wealth Management purchased a new stake in Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 102,603 shares of the company’s stock, valued at approximately $3,448,000. WT Wealth Management owned 0.52% of Schwab Long-Term U.S. Treasury ETF as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Larson Financial Group LLC acquired a new stake in shares of Schwab Long-Term U.S. Treasury ETF during the second quarter worth about $26,000. Wealthgarden F.S. LLC purchased a new stake in Schwab Long-Term U.S. Treasury ETF during the 2nd quarter worth about $250,000. Commonwealth Equity Services LLC boosted its stake in shares of Schwab Long-Term U.S. Treasury ETF by 32.9% in the 2nd quarter. Commonwealth Equity Services LLC now owns 7,880 shares of the company’s stock valued at $259,000 after buying an additional 1,950 shares during the period. Magnus Financial Group LLC increased its stake in shares of Schwab Long-Term U.S. Treasury ETF by 36.7% during the third quarter. Magnus Financial Group LLC now owns 8,730 shares of the company’s stock worth $305,000 after buying an additional 2,342 shares during the period. Finally, Bank of New York Mellon Corp grew its holdings in Schwab Long-Term U.S. Treasury ETF by 8.2% during the 2nd quarter. Bank of New York Mellon Corp now owns 9,893 shares of the company’s stock worth $325,000 after acquiring an additional 748 shares in the last quarter.

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

Shares of NYSEARCA SCHQ traded up $0.02 during midday trading on Tuesday, hitting $33.10. 153,056 shares of the company’s stock were exchanged, compared to its average volume of 293,770. The firm’s fifty day simple moving average is $34.77 and its 200-day simple moving average is $33.54. Schwab Long-Term U.S. Treasury ETF has a twelve month low of $29.62 and a twelve month high of $36.06.

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.