Foundations Investment Advisors LLC Raises Stock Position in Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ)

Foundations Investment Advisors LLC boosted its stake in shares of Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) by 67.9% in the third quarter, HoldingsChannel.com reports. The fund owned 26,166 shares of the company’s stock after purchasing an additional 10,581 shares during the period. Foundations Investment Advisors LLC’s holdings in Schwab Long-Term U.S. Treasury ETF were worth $916,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Envestnet Portfolio Solutions Inc. boosted its stake in shares of Schwab Long-Term U.S. Treasury ETF by 13.5% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 234,831 shares of the company’s stock worth $7,921,000 after acquiring an additional 27,953 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Schwab Long-Term U.S. Treasury ETF during the 1st quarter worth $7,127,000. Bank of New York Mellon Corp grew its holdings in shares of Schwab Long-Term U.S. Treasury ETF by 8.2% during the second quarter. Bank of New York Mellon Corp now owns 9,893 shares of the company’s stock worth $325,000 after buying an additional 748 shares in the last quarter. Collective Family Office LLC raised its position in shares of Schwab Long-Term U.S. Treasury ETF by 64.4% in the third quarter. Collective Family Office LLC now owns 109,530 shares of the company’s stock valued at $3,832,000 after buying an additional 42,887 shares during the last quarter. Finally, Cetera Investment Advisers lifted its stake in shares of Schwab Long-Term U.S. Treasury ETF by 41.0% in the first quarter. Cetera Investment Advisers now owns 82,477 shares of the company’s stock worth $2,782,000 after buying an additional 23,963 shares in the last quarter.

Schwab Long-Term U.S. Treasury ETF Stock Up 0.5 %

NYSEARCA:SCHQ opened at $33.18 on Friday. The stock has a 50 day moving average price of $34.70 and a 200 day moving average price of $33.53. Schwab Long-Term U.S. Treasury ETF has a one year low of $29.83 and a one year high of $36.06.

Schwab Long-Term U.S. Treasury ETF 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.