Centric Wealth Management Lowers Stock Position in Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ)

Centric Wealth Management trimmed its holdings in Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) by 15.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 126,975 shares of the company’s stock after selling 22,640 shares during the quarter. Schwab Long-Term U.S. Treasury ETF comprises about 1.1% of Centric Wealth Management’s investment portfolio, making the stock its 19th biggest holding. Centric Wealth Management owned about 0.65% of Schwab Long-Term U.S. Treasury ETF worth $3,991,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Jane Street Group LLC raised its position in shares of Schwab Long-Term U.S. Treasury ETF by 7.9% in 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 last quarter. JPMorgan Chase & Co. lifted its stake in shares of Schwab Long-Term U.S. Treasury ETF by 25.3% in the third quarter. JPMorgan Chase & Co. now owns 273,557 shares of the company’s stock worth $9,572,000 after buying an additional 55,285 shares in the last quarter. Bryn Mawr Capital Management LLC grew its holdings in shares of Schwab Long-Term U.S. Treasury ETF by 154.0% during the fourth quarter. Bryn Mawr Capital Management LLC now owns 76,951 shares of the company’s stock valued at $2,419,000 after buying an additional 46,657 shares during the last quarter. Private Advisor Group LLC increased its position in shares of Schwab Long-Term U.S. Treasury ETF by 16.2% during the fourth quarter. Private Advisor Group LLC now owns 24,606 shares of the company’s stock valued at $773,000 after acquiring an additional 3,433 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new position in Schwab Long-Term U.S. Treasury ETF in the 4th quarter worth approximately $11,183,000.

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

SCHQ stock opened at $32.76 on Tuesday. The business has a fifty day moving average price of $32.23 and a 200-day moving average price of $32.72. Schwab Long-Term U.S. Treasury ETF has a 1-year low of $30.59 and a 1-year high of $36.07.

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.