Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) Sets New 12-Month High at $48.30

Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) shares reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $48.30 and last traded at $47.60, with a volume of 64293 shares trading hands. The stock had previously closed at $47.69.

Schwab U.S. Aggregate Bond ETF Stock Down 0.0 %

The business’s 50 day moving average price is $46.94 and its 200 day moving average price is $45.99.

Hedge Funds Weigh In On Schwab U.S. Aggregate Bond ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Hollencrest Capital Management lifted its holdings in Schwab U.S. Aggregate Bond ETF by 321.1% in the second quarter. Hollencrest Capital Management now owns 678 shares of the company’s stock valued at $31,000 after acquiring an additional 517 shares during the period. Principal Securities Inc. bought a new position in shares of Schwab U.S. Aggregate Bond ETF in the 4th quarter worth approximately $57,000. Glassman Wealth Services purchased a new position in shares of Schwab U.S. Aggregate Bond ETF in the second quarter worth approximately $57,000. PNC Financial Services Group Inc. boosted its holdings 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 worth $60,000 after buying an additional 1,179 shares during the last quarter. Finally, LifeSteps Financial Inc. bought a new stake in Schwab U.S. Aggregate Bond ETF during the first quarter valued at approximately $63,000.

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.