Tortoise Investment Management LLC Sells 405 Shares of Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ)

Tortoise Investment Management LLC cut its position in Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) by 11.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,155 shares of the company’s stock after selling 405 shares during the quarter. Tortoise Investment Management LLC’s holdings in Schwab Long-Term U.S. Treasury ETF were worth $99,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Barden Capital Management Inc. grew its stake in Schwab Long-Term U.S. Treasury ETF by 6.7% in the 4th quarter. Barden Capital Management Inc. now owns 42,232 shares of the company’s stock valued at $1,327,000 after buying an additional 2,637 shares during the last quarter. Raymond James Financial Inc. acquired a new position in Schwab Long-Term U.S. Treasury ETF in the 4th quarter valued at $11,183,000. Jones Financial Companies Lllp acquired a new position in Schwab Long-Term U.S. Treasury ETF in the 4th quarter valued at $27,000. Fisher Asset Management LLC acquired a new position in Schwab Long-Term U.S. Treasury ETF in the 4th quarter valued at $568,000. Finally, WT Wealth Management grew its stake in Schwab Long-Term U.S. Treasury ETF by 0.6% in the 4th quarter. WT Wealth Management now owns 103,196 shares of the company’s stock valued at $3,243,000 after buying an additional 593 shares during the last quarter.

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

NYSEARCA SCHQ opened at $32.75 on Tuesday. The company’s fifty day moving average is $31.83 and its two-hundred day moving average is $32.99. Schwab Long-Term U.S. Treasury ETF has a 52-week low of $30.59 and a 52-week high of $36.07.

About Schwab Long-Term U.S. Treasury ETF

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.