Schwab U.S. Aggregate Bond ETF Stock Set to Split on Friday, October 11th (NYSEARCA:SCHZ)

Shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) are scheduled to split on the morning of Friday, October 11th. The 2-1 split was announced on Wednesday, September 25th. The newly minted shares will be payable to shareholders after the market closes on Thursday, October 10th.

Schwab U.S. Aggregate Bond ETF Trading Down 0.7 %

SCHZ opened at $46.88 on Monday. The business’s 50-day moving average is $47.22 and its two-hundred day moving average is $46.10. Schwab U.S. Aggregate Bond ETF has a 1 year low of $43.05 and a 1 year high of $48.30.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in SCHZ. Hollencrest Capital Management grew its stake in Schwab U.S. Aggregate Bond ETF by 321.1% in the second quarter. Hollencrest Capital Management now owns 678 shares of the company’s stock valued at $31,000 after purchasing an additional 517 shares during the last quarter. Glassman Wealth Services purchased a new stake in shares of Schwab U.S. Aggregate Bond ETF during the second quarter worth about $57,000. PNC Financial Services Group Inc. grew its stake in shares of Schwab U.S. Aggregate Bond ETF by 1,025.2% during 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 during the last quarter. Stephens Consulting LLC grew its stake in shares of Schwab U.S. Aggregate Bond ETF by 124.9% during the second quarter. Stephens Consulting LLC now owns 1,561 shares of the company’s stock worth $71,000 after acquiring an additional 867 shares during the last quarter. Finally, Heritage Wealth Advisors grew its stake in shares of Schwab U.S. Aggregate Bond ETF by 1,166.5% during the first quarter. Heritage Wealth Advisors now owns 4,192 shares of the company’s stock worth $193,000 after acquiring an additional 3,861 shares during the last quarter.

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.