Chesapeake Wealth Management Reduces Position in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

Chesapeake Wealth Management decreased its position in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 6.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 69,873 shares of the company’s stock after selling 4,935 shares during the period. Schwab U.S. Aggregate Bond ETF makes up about 1.2% of Chesapeake Wealth Management’s portfolio, making the stock its 24th biggest holding. Chesapeake Wealth Management’s holdings in Schwab U.S. Aggregate Bond ETF were worth $3,185,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. SageView Advisory Group LLC lifted its holdings in shares of Schwab U.S. Aggregate Bond ETF by 47.8% during the fourth quarter. SageView Advisory Group LLC now owns 164,866 shares of the company’s stock worth $7,640,000 after purchasing an additional 53,349 shares during the period. Congress Wealth Management LLC DE raised its holdings in shares of Schwab U.S. Aggregate Bond ETF by 541.4% during the fourth quarter. Congress Wealth Management LLC DE now owns 299,722 shares of the company’s stock worth $13,973,000 after purchasing an additional 252,991 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in Schwab U.S. Aggregate Bond ETF by 20.2% during the fourth quarter. Envestnet Asset Management Inc. now owns 2,351,503 shares of the company’s stock valued at $109,627,000 after purchasing an additional 395,113 shares during the period. Goldman Sachs Group Inc. lifted its position in Schwab U.S. Aggregate Bond ETF by 34.3% during 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. Finally, EP Wealth Advisors LLC purchased a new stake in Schwab U.S. Aggregate Bond ETF in the fourth quarter valued at $384,000.

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

Schwab U.S. Aggregate Bond ETF stock opened at $47.65 on Friday. Schwab U.S. Aggregate Bond ETF has a 52 week low of $43.05 and a 52 week high of $48.30. The business’s 50-day moving average price is $46.94 and its 200 day moving average price is $45.99.

Schwab U.S. Aggregate Bond ETF Company Profile

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.