Raymond James Financial Inc. Invests $11.18 Million in Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ)

Raymond James Financial Inc. bought a new stake in Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 355,815 shares of the company’s stock, valued at approximately $11,183,000.

Several other large investors have also recently added to or reduced their stakes in the business. Thrivent Financial for Lutherans grew its stake in shares of Schwab Long-Term U.S. Treasury ETF by 9.8% during the third quarter. Thrivent Financial for Lutherans now owns 32,384 shares of the company’s stock valued at $1,133,000 after acquiring an additional 2,895 shares in the last quarter. Centric Wealth Management acquired a new stake in Schwab Long-Term U.S. Treasury ETF in the third quarter worth $4,836,000. IHT Wealth Management LLC increased its holdings in shares of Schwab Long-Term U.S. Treasury ETF by 145.1% in the 3rd quarter. IHT Wealth Management LLC now owns 20,328 shares of the company’s stock worth $713,000 after acquiring an additional 12,035 shares during the period. Jane Street Group LLC boosted its position 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 during the period. Finally, MML Investors Services LLC grew its stake in shares of Schwab Long-Term U.S. Treasury ETF by 41.2% in the third quarter. MML Investors Services LLC now owns 456,967 shares of the company’s stock worth $15,989,000 after purchasing an additional 133,361 shares in the last quarter.

Schwab Long-Term U.S. Treasury ETF Trading Up 0.1 %

NYSEARCA SCHQ opened at $32.81 on Friday. The company’s 50 day simple moving average is $32.04 and its 200 day simple moving average is $32.89. Schwab Long-Term U.S. Treasury ETF has a 12 month low of $30.59 and a 12 month high of $36.07.

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.