JPMorgan Chase & Co. Purchases 55,285 Shares of Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ)

JPMorgan Chase & Co. raised its position in shares of Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) by 25.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 273,557 shares of the company’s stock after acquiring an additional 55,285 shares during the period. JPMorgan Chase & Co. owned approximately 1.39% of Schwab Long-Term U.S. Treasury ETF worth $9,572,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Schwab Long-Term U.S. Treasury ETF by 65.6% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 988,684 shares of the company’s stock valued at $34,752,000 after purchasing an additional 391,669 shares during the period. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Schwab Long-Term U.S. Treasury ETF by 166.5% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 411,495 shares of the company’s stock valued at $14,398,000 after buying an additional 257,079 shares during the period. Werba Rubin Papier Wealth Management acquired a new stake in Schwab Long-Term U.S. Treasury ETF during the third quarter worth about $7,523,000. Total Investment Management Inc. grew its position in Schwab Long-Term U.S. Treasury ETF by 6.9% during the third quarter. Total Investment Management Inc. now owns 2,738,105 shares of the company’s stock worth $95,806,000 after buying an additional 177,521 shares in the last quarter. Finally, Centric Wealth Management bought a new position in Schwab Long-Term U.S. Treasury ETF during the third quarter valued at about $4,836,000.

Schwab Long-Term U.S. Treasury ETF Trading Down 0.2 %

Shares of SCHQ stock opened at $30.75 on Tuesday. Schwab Long-Term U.S. Treasury ETF has a 12 month low of $30.65 and a 12 month high of $36.06. The stock has a 50 day moving average of $32.31 and a two-hundred day moving average of $33.48.

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.