Northwest Capital Management Inc Reduces Position in Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ)

Northwest Capital Management Inc reduced its position in Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) by 77.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 98,104 shares of the company’s stock after selling 336,762 shares during the quarter. Schwab Long-Term U.S. Treasury ETF comprises approximately 1.2% of Northwest Capital Management Inc’s portfolio, making the stock its 19th biggest position. Northwest Capital Management Inc owned approximately 0.50% of Schwab Long-Term U.S. Treasury ETF worth $3,433,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of SCHQ. Collective Family Office LLC grew its position in Schwab Long-Term U.S. Treasury ETF by 64.4% in the 3rd quarter. Collective Family Office LLC now owns 109,530 shares of the company’s stock valued at $3,832,000 after buying an additional 42,887 shares during the last quarter. Park Avenue Securities LLC boosted its position in shares of Schwab Long-Term U.S. Treasury ETF by 69.3% in the 3rd quarter. Park Avenue Securities LLC now owns 109,836 shares of the company’s stock worth $3,843,000 after buying an additional 44,954 shares in the last quarter. Sykon Capital LLC acquired a new stake in shares of Schwab Long-Term U.S. Treasury ETF in the second quarter valued at approximately $10,807,000. Wealthgarden F.S. LLC purchased a new position in shares of Schwab Long-Term U.S. Treasury ETF during the 2nd quarter worth approximately $250,000. Finally, Total Investment Management Inc. raised its position 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 purchasing an additional 29,594 shares during the last quarter.

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

Schwab Long-Term U.S. Treasury ETF stock opened at $33.95 on Wednesday. Schwab Long-Term U.S. Treasury ETF has a fifty-two week low of $29.62 and a fifty-two week high of $36.06. The stock has a fifty day moving average of $34.90 and a two-hundred day moving average of $33.51.

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.