Compass Financial Management LLC Acquires New Position in Schwab Long-Term U.S. Treasury ETF $SCHQ

Compass Financial Management LLC bought a new position in Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) during the second quarter, according to its most recent Form 13F filing with the SEC. The firm bought 50,314 shares of the company’s stock, valued at approximately $1,575,000. Compass Financial Management LLC owned approximately 0.19% of Schwab Long-Term U.S. Treasury ETF at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the business. Integrated Wealth Concepts LLC purchased a new stake in shares of Schwab Long-Term U.S. Treasury ETF in the first quarter valued at approximately $332,000. Jane Street Group LLC purchased a new position in Schwab Long-Term U.S. Treasury ETF during the second quarter worth approximately $2,229,000. Ameriprise Financial Inc. boosted its stake in Schwab Long-Term U.S. Treasury ETF by 7.5% during the second quarter. Ameriprise Financial Inc. now owns 287,241 shares of the company’s stock worth $9,161,000 after buying an additional 19,942 shares during the last quarter. Bank of America Corp DE boosted its stake in Schwab Long-Term U.S. Treasury ETF by 8.7% during the second quarter. Bank of America Corp DE now owns 99,236 shares of the company’s stock worth $3,165,000 after buying an additional 7,984 shares during the last quarter. Finally, GeoWealth Management LLC purchased a new stake in Schwab Long-Term U.S. Treasury ETF in the 3rd quarter valued at $169,000.

Schwab Long-Term U.S. Treasury ETF Stock Down 0.3%

Shares of SCHQ opened at $29.93 on Friday. Schwab Long-Term U.S. Treasury ETF has a 52-week low of $29.64 and a 52-week high of $33.19. The stock has a fifty day simple moving average of $30.58 and a two-hundred day simple moving average of $31.16.

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.