McAdam LLC Acquires 80,462 Shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

McAdam LLC increased its holdings in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 4.9% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,707,663 shares of the company’s stock after acquiring an additional 80,462 shares during the period. Schwab U.S. Aggregate Bond ETF comprises about 4.7% of McAdam LLC’s investment portfolio, making the stock its 5th biggest position. McAdam LLC owned 1.03% of Schwab U.S. Aggregate Bond ETF worth $77,835,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. TSA Wealth Managment LLC bought a new position in Schwab U.S. Aggregate Bond ETF during the 4th quarter valued at about $18,751,000. Total Wealth Planning LLC raised its stake in shares of Schwab U.S. Aggregate Bond ETF by 17.6% during the fourth quarter. Total Wealth Planning LLC now owns 978,356 shares of the company’s stock worth $45,611,000 after buying an additional 146,243 shares during the last quarter. Blue Barn Wealth LLC raised its stake in shares of Schwab U.S. Aggregate Bond ETF by 3.3% during the fourth quarter. Blue Barn Wealth LLC now owns 55,375 shares of the company’s stock worth $2,582,000 after buying an additional 1,773 shares during the last quarter. SageView Advisory Group LLC raised its stake 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 buying an additional 53,349 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. raised its stake in shares of Schwab U.S. Aggregate Bond ETF by 28.3% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 77,670 shares of the company’s stock worth $3,621,000 after buying an additional 17,122 shares during the last quarter.

Schwab U.S. Aggregate Bond ETF Stock Up 0.5 %

NYSEARCA SCHZ traded up $0.24 during trading on Friday, reaching $47.32. 341,869 shares of the stock traded hands, compared to its average volume of 704,815. The stock’s 50-day moving average price is $46.26 and its 200 day moving average price is $45.75. Schwab U.S. Aggregate Bond ETF has a fifty-two week low of $43.05 and a fifty-two week high of $47.35.

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.