Eley Financial Management Inc Reduces Stock Holdings in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

Eley Financial Management Inc lowered its position in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 8.4% in the 4th quarter, Holdings Channel reports. The fund owned 32,750 shares of the company’s stock after selling 3,017 shares during the period. Eley Financial Management Inc’s holdings in Schwab U.S. Aggregate Bond ETF were worth $1,527,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Charles Schwab Investment Management Inc. grew its stake in Schwab U.S. Aggregate Bond ETF by 3.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 24,613,846 shares of the company’s stock valued at $1,088,670,000 after acquiring an additional 742,887 shares in the last quarter. Cerity Partners LLC lifted its position in shares of Schwab U.S. Aggregate Bond ETF by 4,670.8% during the 4th quarter. Cerity Partners LLC now owns 4,298,526 shares of the company’s stock worth $200,397,000 after buying an additional 4,208,425 shares during the last quarter. Avantax Planning Partners Inc. raised its position in Schwab U.S. Aggregate Bond ETF by 2.5% during the third quarter. Avantax Planning Partners Inc. now owns 3,288,681 shares of the company’s stock worth $145,458,000 after acquiring an additional 78,919 shares during the last quarter. Ameriprise Financial Inc. grew its stake in shares of Schwab U.S. Aggregate Bond ETF by 8.3% during the third quarter. Ameriprise Financial Inc. now owns 3,255,637 shares of the company’s stock valued at $144,052,000 after acquiring an additional 249,045 shares in the last quarter. Finally, Financial Engines Advisors L.L.C. raised its stake in shares of Schwab U.S. Aggregate Bond ETF by 5.1% in the 3rd quarter. Financial Engines Advisors L.L.C. now owns 2,586,335 shares of the company’s stock worth $114,394,000 after buying an additional 126,088 shares in the last quarter.

Schwab U.S. Aggregate Bond ETF Price Performance

Shares of SCHZ traded up $0.10 during mid-day trading on Friday, hitting $44.77. 138,279 shares of the company traded hands, compared to its average volume of 878,540. The business has a 50-day moving average of $45.53 and a 200 day moving average of $45.40. Schwab U.S. Aggregate Bond ETF has a one year low of $43.05 and a one year high of $47.26.

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.