Sequoia Financial Advisors LLC Sells 21,476 Shares of Schwab Long-Term U.S. Treasury ETF $SCHQ

Sequoia Financial Advisors LLC trimmed its holdings in shares of Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) by 25.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 62,304 shares of the company’s stock after selling 21,476 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Schwab Long-Term U.S. Treasury ETF were worth $1,958,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. LPL Financial LLC grew its position in Schwab Long-Term U.S. Treasury ETF by 108.3% in the fourth quarter. LPL Financial LLC now owns 1,904,417 shares of the company’s stock worth $60,370,000 after acquiring an additional 990,099 shares in the last quarter. MML Investors Services LLC increased its stake in Schwab Long-Term U.S. Treasury ETF by 98.4% during the fourth quarter. MML Investors Services LLC now owns 1,645,892 shares of the company’s stock worth $52,175,000 after acquiring an additional 816,199 shares during the last quarter. JPMorgan Chase & Co. raised its position in Schwab Long-Term U.S. Treasury ETF by 60.4% during the fourth quarter. JPMorgan Chase & Co. now owns 601,927 shares of the company’s stock valued at $19,081,000 after purchasing an additional 226,742 shares during the period. Cetera Investment Advisers raised its position in Schwab Long-Term U.S. Treasury ETF by 75.6% during the fourth quarter. Cetera Investment Advisers now owns 497,042 shares of the company’s stock valued at $15,756,000 after purchasing an additional 213,942 shares during the period. Finally, Sfmg LLC lifted its stake in shares of Schwab Long-Term U.S. Treasury ETF by 14.1% in the 4th quarter. Sfmg LLC now owns 477,113 shares of the company’s stock valued at $15,124,000 after purchasing an additional 58,979 shares during the last quarter.

Schwab Long-Term U.S. Treasury ETF Trading Up 0.3%

Shares of Schwab Long-Term U.S. Treasury ETF stock opened at $30.62 on Thursday. The stock has a 50 day moving average price of $30.96 and a 200-day moving average price of $31.47. Schwab Long-Term U.S. Treasury ETF has a one year low of $30.11 and a one year high of $33.19.

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.