Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) Sees Unusually-High Trading Volume

Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) saw an uptick in trading volume on Monday . 889,193 shares changed hands during trading, an increase of 21% from the previous session’s volume of 733,904 shares.The stock last traded at $45.95 and had previously closed at $46.02.

Schwab U.S. Aggregate Bond ETF Stock Down 0.1 %

The firm has a fifty day moving average of $45.65 and a two-hundred day moving average of $45.66.

Institutional Trading of Schwab U.S. Aggregate Bond ETF

Several hedge funds and other institutional investors have recently bought and sold shares of SCHZ. ICA Group Wealth Management LLC bought a new stake in shares of Schwab U.S. Aggregate Bond ETF in the 4th quarter valued at about $53,000. Principal Securities Inc. acquired a new stake in Schwab U.S. Aggregate Bond ETF in the fourth quarter valued at approximately $57,000. PNC Financial Services Group Inc. grew its holdings in 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 purchasing an additional 1,179 shares during the last quarter. National Bank of Canada FI increased its position in shares of Schwab U.S. Aggregate Bond ETF by 76.7% during the fourth quarter. National Bank of Canada FI now owns 1,325 shares of the company’s stock worth $61,000 after purchasing an additional 575 shares in the last quarter. Finally, Level Financial Advisors Inc. purchased a new stake in shares of Schwab U.S. Aggregate Bond ETF during the 4th quarter valued at $63,000.

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.