Zhang Financial LLC Cuts Position in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

Zhang Financial LLC lessened its stake in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 5.2% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,549 shares of the company’s stock after selling 954 shares during the quarter. Zhang Financial LLC’s holdings in Schwab U.S. Aggregate Bond ETF were worth $800,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. ICA Group Wealth Management LLC purchased a new stake in shares of Schwab U.S. Aggregate Bond ETF during the fourth quarter valued at approximately $53,000. Principal Securities Inc. bought a new stake in Schwab U.S. Aggregate Bond ETF in the fourth quarter worth about $57,000. PNC Financial Services Group Inc. raised its position 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 acquiring an additional 1,179 shares in the last quarter. National Bank of Canada FI raised its holdings in Schwab U.S. Aggregate Bond ETF by 76.7% during the 4th quarter. National Bank of Canada FI now owns 1,325 shares of the company’s stock worth $61,000 after buying an additional 575 shares during the period. Finally, LifeSteps Financial Inc. acquired a new stake in Schwab U.S. Aggregate Bond ETF during the 1st quarter worth about $63,000.

Schwab U.S. Aggregate Bond ETF Trading Up 0.1 %

Shares of NYSEARCA SCHZ traded up $0.07 during trading hours on Monday, hitting $47.05. The stock had a trading volume of 348,832 shares, compared to its average volume of 708,861. The firm’s 50-day moving average price is $46.11 and its two-hundred day moving average price is $45.71. Schwab U.S. Aggregate Bond ETF has a 52 week low of $43.05 and a 52 week high of $47.33.

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.