Cornerstone Planning Group LLC Invests $546,000 in Schwab Long-Term U.S. Treasury ETF $SCHQ

Cornerstone Planning Group LLC acquired a new position in shares of Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 16,905 shares of the company’s stock, valued at approximately $546,000. Cornerstone Planning Group LLC owned about 0.07% of Schwab Long-Term U.S. Treasury ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Madden Advisory Services Inc. acquired a new position in Schwab Long-Term U.S. Treasury ETF during the third quarter worth about $240,000. Integrated Wealth Concepts LLC bought a new stake in shares of Schwab Long-Term U.S. Treasury ETF during the 1st quarter valued at approximately $332,000. Milestones Private Investment Advisors LLC acquired a new position in Schwab Long-Term U.S. Treasury ETF during the 2nd quarter worth approximately $434,000. CWM LLC lifted its stake in Schwab Long-Term U.S. Treasury ETF by 8.5% in the 3rd quarter. CWM LLC now owns 14,808 shares of the company’s stock valued at $478,000 after purchasing an additional 1,163 shares during the last quarter. Finally, Exencial Wealth Advisors LLC boosted its position in Schwab Long-Term U.S. Treasury ETF by 12.2% in the third quarter. Exencial Wealth Advisors LLC now owns 14,927 shares of the company’s stock valued at $482,000 after buying an additional 1,620 shares in the last quarter.

Schwab Long-Term U.S. Treasury ETF Stock Down 0.7%

NYSEARCA SCHQ opened at $31.44 on Tuesday. The firm’s fifty day moving average price is $31.92 and its two-hundred day moving average price is $32.03. Schwab Long-Term U.S. Treasury ETF has a fifty-two week low of $30.24 and a fifty-two week high of $33.82.

Schwab Long-Term U.S. Treasury ETF Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, February 6th. Investors of record on Monday, February 2nd will be given a dividend of $0.148 per share. The ex-dividend date is Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 5.6%. This is an increase from Schwab Long-Term U.S. Treasury ETF’s previous monthly dividend of $0.09.

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.