Cannon Financial Strategists Inc. purchased a new stake in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 5,067 shares of the company’s stock, valued at approximately $231,000.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Hollencrest Capital Management raised its stake in shares of Schwab U.S. Aggregate Bond ETF by 321.1% in the 2nd quarter. Hollencrest Capital Management now owns 678 shares of the company’s stock valued at $31,000 after purchasing an additional 517 shares during the period. Glassman Wealth Services bought a new position in shares of Schwab U.S. Aggregate Bond ETF in the 2nd quarter valued at about $57,000. PNC Financial Services Group Inc. increased its position in shares of Schwab U.S. Aggregate Bond ETF by 1,025.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,294 shares of the company’s stock valued at $60,000 after acquiring an additional 1,179 shares during the last quarter. LifeSteps Financial Inc. acquired a new stake in shares of Schwab U.S. Aggregate Bond ETF in the first quarter valued at about $63,000. Finally, Stephens Consulting LLC increased its position in shares of Schwab U.S. Aggregate Bond ETF by 124.9% in the second quarter. Stephens Consulting LLC now owns 1,561 shares of the company’s stock valued at $71,000 after acquiring an additional 867 shares during the last quarter.
Schwab U.S. Aggregate Bond ETF Stock Up 0.3 %
NYSEARCA:SCHZ opened at $47.53 on Wednesday. The stock’s 50-day simple moving average is $47.14 and its 200 day simple moving average is $46.07. Schwab U.S. Aggregate Bond ETF has a 52-week low of $43.05 and a 52-week high of $48.30.
About Schwab U.S. Aggregate Bond ETF
The Schwab U.S. Aggregate Bond ETF (SCHZ) is an exchange-traded fund that is based on the Bloomberg U.S. Aggregate Bond index. The fund tracks a broad index of U.S. investment grade fixed income securities, including corporate, government, and mortgage-backed securities. SCHZ was launched on Jul 14, 2011 and is managed by Charles Schwab.
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