Valmark Advisers Inc. Sells 4,242 Shares of Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ)

Valmark Advisers Inc. decreased its position in Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) by 23.2% during the 4th quarter, HoldingsChannel.com reports. The firm owned 14,038 shares of the company’s stock after selling 4,242 shares during the period. Valmark Advisers Inc.’s holdings in Schwab Long-Term U.S. Treasury ETF were worth $441,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Jane Street Group LLC grew its holdings in shares of Schwab Long-Term U.S. Treasury ETF by 7.9% during the third quarter. Jane Street Group LLC now owns 26,337 shares of the company’s stock worth $922,000 after buying an additional 1,923 shares in the last quarter. JPMorgan Chase & Co. boosted its position in Schwab Long-Term U.S. Treasury ETF by 25.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 273,557 shares of the company’s stock worth $9,572,000 after acquiring an additional 55,285 shares during the last quarter. Centric Wealth Management bought a new position in shares of Schwab Long-Term U.S. Treasury ETF during the 3rd quarter worth approximately $4,836,000. Focus Financial Network Inc. raised its holdings in shares of Schwab Long-Term U.S. Treasury ETF by 45.1% in the third quarter. Focus Financial Network Inc. now owns 25,911 shares of the company’s stock valued at $907,000 after purchasing an additional 8,058 shares during the last quarter. Finally, Thrivent Financial for Lutherans lifted its position in shares of Schwab Long-Term U.S. Treasury ETF by 9.8% in the third quarter. Thrivent Financial for Lutherans now owns 32,384 shares of the company’s stock worth $1,133,000 after purchasing an additional 2,895 shares in the last quarter.

Schwab Long-Term U.S. Treasury ETF Stock Down 1.1 %

Schwab Long-Term U.S. Treasury ETF stock opened at $31.73 on Wednesday. Schwab Long-Term U.S. Treasury ETF has a 1-year low of $30.59 and a 1-year high of $36.06. The company has a fifty day simple moving average of $31.69 and a 200 day simple moving average of $33.22.

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.