Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) Sets New 1-Year High at $47.35

Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)’s share price reached a new 52-week high on Wednesday . The stock traded as high as $47.35 and last traded at $47.30, with a volume of 322825 shares traded. The stock had previously closed at $47.18.

Schwab U.S. Aggregate Bond ETF Price Performance

The firm’s 50 day simple moving average is $46.26 and its two-hundred day simple moving average is $45.75.

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

Several hedge funds and other institutional investors have recently modified their holdings of the company. Brighton Jones LLC raised its stake in shares of Schwab U.S. Aggregate Bond ETF by 3.3% during the second quarter. Brighton Jones LLC now owns 6,765 shares of the company’s stock valued at $308,000 after acquiring an additional 216 shares during the last quarter. Tradition Wealth Management LLC increased its position in shares of Schwab U.S. Aggregate Bond ETF by 3.8% during the fourth quarter. Tradition Wealth Management LLC now owns 6,010 shares of the company’s stock valued at $280,000 after buying an additional 219 shares during the period. Simplicity Wealth LLC increased its position in shares of Schwab U.S. Aggregate Bond ETF by 2.5% during the second quarter. Simplicity Wealth LLC now owns 9,112 shares of the company’s stock valued at $415,000 after buying an additional 226 shares during the period. Cooper Financial Group increased its position in shares of Schwab U.S. Aggregate Bond ETF by 1.6% during the first quarter. Cooper Financial Group now owns 15,313 shares of the company’s stock valued at $704,000 after buying an additional 234 shares during the period. Finally, Lederer & Associates Investment Counsel CA increased its position in shares of Schwab U.S. Aggregate Bond ETF by 1.8% during the first quarter. Lederer & Associates Investment Counsel CA now owns 14,157 shares of the company’s stock valued at $651,000 after buying an additional 247 shares during the period.

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.