Frisch Financial Group Inc. Invests $1 Million in Schwab Long-Term U.S. Treasury ETF $SCHQ

Frisch Financial Group Inc. acquired a new position in Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 31,820 shares of the company’s stock, valued at approximately $1,000,000.

Other large investors also recently added to or reduced their stakes in the company. Park Avenue Securities LLC increased its holdings in Schwab Long-Term U.S. Treasury ETF by 110.4% during the fourth quarter. Park Avenue Securities LLC now owns 388,612 shares of the company’s stock valued at $12,319,000 after buying an additional 203,907 shares during the last quarter. Sequoia Financial Advisors LLC boosted its stake in shares of Schwab Long-Term U.S. Treasury ETF by 44.3% during the 4th quarter. Sequoia Financial Advisors LLC now owns 83,780 shares of the company’s stock worth $2,656,000 after acquiring an additional 25,709 shares during the last quarter. World Investment Advisors purchased a new position in shares of Schwab Long-Term U.S. Treasury ETF during the 4th quarter worth $1,825,000. Envestnet Portfolio Solutions Inc. boosted its stake in shares of Schwab Long-Term U.S. Treasury ETF by 121.6% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 127,034 shares of the company’s stock worth $4,027,000 after acquiring an additional 69,700 shares during the last quarter. Finally, MML Investors Services LLC grew its position in shares of Schwab Long-Term U.S. Treasury ETF by 98.4% during the 4th quarter. MML Investors Services LLC now owns 1,645,892 shares of the company’s stock valued at $52,175,000 after acquiring an additional 816,199 shares during the period.

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

NYSEARCA:SCHQ opened at $30.60 on Friday. Schwab Long-Term U.S. Treasury ETF has a one year low of $30.11 and a one year high of $33.19. The business has a fifty day moving average price of $30.95 and a 200-day moving average price of $31.46.

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.