Magnus Financial Group LLC Raises Position in Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ)

Magnus Financial Group LLC increased its stake in Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) by 36.7% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 8,730 shares of the company’s stock after purchasing an additional 2,342 shares during the quarter. Magnus Financial Group LLC’s holdings in Schwab Long-Term U.S. Treasury ETF were worth $305,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the stock. Larson Financial Group LLC bought a new position in Schwab Long-Term U.S. Treasury ETF in the 2nd quarter worth $26,000. Scarborough Advisors LLC bought a new position in shares of Schwab Long-Term U.S. Treasury ETF in the fourth quarter worth about $106,000. Wealthgarden F.S. LLC bought a new stake in Schwab Long-Term U.S. Treasury ETF during the 2nd quarter valued at approximately $250,000. Commonwealth Equity Services LLC lifted its holdings in 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 worth $259,000 after purchasing an additional 1,950 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in Schwab Long-Term U.S. Treasury ETF by 8.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 9,893 shares of the company’s stock worth $325,000 after purchasing an additional 748 shares during the period.

Schwab Long-Term U.S. Treasury ETF Trading Up 1.2 %

Schwab Long-Term U.S. Treasury ETF stock opened at $33.95 on Wednesday. Schwab Long-Term U.S. Treasury ETF has a 1 year low of $29.62 and a 1 year high of $36.06. The firm’s 50 day moving average price is $34.82 and its 200-day moving average price is $33.52.

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.