Envestnet Portfolio Solutions Inc. Cuts Stock Holdings in Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ)

Envestnet Portfolio Solutions Inc. lessened its holdings in Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) by 45.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 99,152 shares of the company’s stock after selling 83,486 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Schwab Long-Term U.S. Treasury ETF were worth $3,116,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SCHQ. WT Wealth Management lifted its holdings in shares of Schwab Long-Term U.S. Treasury ETF by 0.6% in the 4th quarter. WT Wealth Management now owns 103,196 shares of the company’s stock valued at $3,243,000 after buying an additional 593 shares during the period. Jones Financial Companies Lllp acquired a new stake in Schwab Long-Term U.S. Treasury ETF in the fourth quarter valued at $27,000. Commonwealth Equity Services LLC boosted its position in shares of Schwab Long-Term U.S. Treasury ETF by 19.8% during the 4th quarter. Commonwealth Equity Services LLC now owns 7,671 shares of the company’s stock worth $241,000 after purchasing an additional 1,266 shares in the last quarter. Jane Street Group LLC grew its stake in shares of Schwab Long-Term U.S. Treasury ETF by 7.9% during the 3rd quarter. Jane Street Group LLC now owns 26,337 shares of the company’s stock worth $922,000 after purchasing an additional 1,923 shares during the period. Finally, Barden Capital Management Inc. increased its holdings in shares of Schwab Long-Term U.S. Treasury ETF by 6.7% in the 4th quarter. Barden Capital Management Inc. now owns 42,232 shares of the company’s stock valued at $1,327,000 after purchasing an additional 2,637 shares in the last quarter.

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

Shares of NYSEARCA SCHQ opened at $32.77 on Thursday. The firm has a 50-day moving average price of $32.01 and a 200 day moving average price of $32.89. Schwab Long-Term U.S. Treasury ETF has a 52 week low of $30.59 and a 52 week 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.