Beacon Bridge Wealth Partners LLC Acquires 31,560 Shares of Schwab Long-Term U.S. Treasury ETF $SCHQ

Beacon Bridge Wealth Partners LLC raised its holdings in Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) by 18.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 204,119 shares of the company’s stock after purchasing an additional 31,560 shares during the quarter. Schwab Long-Term U.S. Treasury ETF accounts for 2.6% of Beacon Bridge Wealth Partners LLC’s investment portfolio, making the stock its 14th largest position. Beacon Bridge Wealth Partners LLC owned approximately 0.77% of Schwab Long-Term U.S. Treasury ETF worth $6,509,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in SCHQ. Park Place Capital Corp grew its stake in shares of Schwab Long-Term U.S. Treasury ETF by 176.9% during the 2nd quarter. Park Place Capital Corp now owns 886 shares of the company’s stock worth $28,000 after acquiring an additional 566 shares during the period. GAMMA Investing LLC bought a new position in shares of Schwab Long-Term U.S. Treasury ETF during the 1st quarter worth $31,000. Farther Finance Advisors LLC grew its stake in shares of Schwab Long-Term U.S. Treasury ETF by 213,450.0% during the 1st quarter. Farther Finance Advisors LLC now owns 4,271 shares of the company’s stock worth $140,000 after acquiring an additional 4,269 shares during the period. Tortoise Investment Management LLC grew its stake in shares of Schwab Long-Term U.S. Treasury ETF by 43.3% during the 1st quarter. Tortoise Investment Management LLC now owns 4,520 shares of the company’s stock worth $148,000 after acquiring an additional 1,365 shares during the period. Finally, Freedom Investment Management Inc. bought a new position in shares of Schwab Long-Term U.S. Treasury ETF during the 1st quarter worth $207,000.

Schwab Long-Term U.S. Treasury ETF Trading Down 0.1%

SCHQ stock opened at $32.21 on Friday. Schwab Long-Term U.S. Treasury ETF has a fifty-two week low of $30.24 and a fifty-two week high of $34.16. The stock has a fifty day moving average of $31.93 and a 200-day moving average of $31.64.

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.