Magnus Financial Group LLC Purchases 2,342 Shares of Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ)

Magnus Financial Group LLC raised its position in shares of Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) by 36.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,730 shares of the company’s stock after buying an additional 2,342 shares during the quarter. Magnus Financial Group LLC’s holdings in Schwab Long-Term U.S. Treasury ETF were worth $305,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in SCHQ. Concourse Financial Group Securities Inc. grew its holdings in shares of Schwab Long-Term U.S. Treasury ETF by 16.7% in the third quarter. Concourse Financial Group Securities Inc. now owns 92,743 shares of the company’s stock valued at $3,245,000 after purchasing an additional 13,239 shares in the last quarter. Silverlake Wealth Management LLC lifted its position in Schwab Long-Term U.S. Treasury ETF by 8.7% during the third quarter. Silverlake Wealth Management LLC now owns 10,676 shares of the company’s stock valued at $374,000 after purchasing an additional 851 shares during the last quarter. TAP Consulting LLC increased its holdings in shares of Schwab Long-Term U.S. Treasury ETF by 5.7% in the 3rd quarter. TAP Consulting LLC now owns 81,454 shares of the company’s stock worth $2,850,000 after buying an additional 4,383 shares during the last quarter. Charles Schwab Trust Co raised its position in shares of Schwab Long-Term U.S. Treasury ETF by 58.4% during the 3rd quarter. Charles Schwab Trust Co now owns 72,121 shares of the company’s stock valued at $2,524,000 after buying an additional 26,590 shares in the last quarter. Finally, Worth Asset Management LLC bought a new position in shares of Schwab Long-Term U.S. Treasury ETF in the 3rd quarter valued at about $890,000.

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

Shares of NYSEARCA SCHQ opened at $33.95 on Wednesday. Schwab Long-Term U.S. Treasury ETF has a 1-year low of $29.62 and a 1-year high of $36.06. The business’s 50 day moving average is $34.82 and its two-hundred day moving average is $33.52.

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.