RDA Financial Network Makes New $261,000 Investment in Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ)

RDA Financial Network acquired a new stake in shares of Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) in the 1st quarter, Holdings Channel.com reports. The institutional investor acquired 7,964 shares of the company’s stock, valued at approximately $261,000.

Several other large investors have also made changes to their positions in SCHQ. LPL Financial LLC lifted its position in Schwab Long-Term U.S. Treasury ETF by 0.8% during the fourth quarter. LPL Financial LLC now owns 249,991 shares of the company’s stock valued at $7,857,000 after buying an additional 2,029 shares in the last quarter. Jane Street Group LLC raised its stake in shares of Schwab Long-Term U.S. Treasury ETF by 160.6% in the 4th quarter. Jane Street Group LLC now owns 68,647 shares of the company’s stock valued at $2,158,000 after acquiring an additional 42,310 shares during the period. Private Advisor Group LLC lifted its holdings in shares of Schwab Long-Term U.S. Treasury ETF by 16.2% during the 4th 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. Bryn Mawr Capital Management LLC lifted its holdings in shares of Schwab Long-Term U.S. Treasury ETF by 154.0% during the 4th quarter. Bryn Mawr Capital Management LLC now owns 76,951 shares of the company’s stock valued at $2,419,000 after acquiring an additional 46,657 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its position in Schwab Long-Term U.S. Treasury ETF by 527.3% during the 4th quarter. Bank of New York Mellon Corp now owns 102,019 shares of the company’s stock worth $3,206,000 after purchasing an additional 85,756 shares during the period.

Schwab Long-Term U.S. Treasury ETF Trading Down 1.2%

Shares of NYSEARCA SCHQ opened at $30.88 on Monday. The stock has a fifty day moving average price of $31.53 and a 200 day moving average price of $31.95. Schwab Long-Term U.S. Treasury ETF has a 12-month low of $30.24 and a 12-month 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.