Mercer Global Advisors Inc. ADV Decreases Stock Position in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

Mercer Global Advisors Inc. ADV lessened its holdings in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 7.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 512,342 shares of the company’s stock after selling 41,693 shares during the quarter. Mercer Global Advisors Inc. ADV owned 0.31% of Schwab U.S. Aggregate Bond ETF worth $23,353,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of SCHZ. BlueSky Wealth Advisors LLC acquired a new position in shares of Schwab U.S. Aggregate Bond ETF in the 2nd quarter valued at $42,911,000. Goldman Sachs Group Inc. increased its holdings in shares of Schwab U.S. Aggregate Bond ETF by 34.3% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,507,416 shares of the company’s stock valued at $116,896,000 after purchasing an additional 640,151 shares during the period. TruNorth Capital Management LLC purchased a new position in shares of Schwab U.S. Aggregate Bond ETF in the first quarter worth about $26,720,000. Peninsula Wealth LLC acquired a new stake in shares of Schwab U.S. Aggregate Bond ETF during the first quarter worth about $23,817,000. Finally, FLC Capital Advisors purchased a new stake in Schwab U.S. Aggregate Bond ETF in the second quarter valued at approximately $22,916,000.

Schwab U.S. Aggregate Bond ETF Price Performance

SCHZ opened at $47.69 on Thursday. Schwab U.S. Aggregate Bond ETF has a 12-month low of $43.05 and a 12-month high of $48.00. The firm has a 50 day moving average of $46.88 and a two-hundred day moving average of $45.97.

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.