Reston Wealth Management LLC Grows Stock Position in Schwab U.S. Aggregate Bond ETF $SCHZ

Reston Wealth Management LLC raised its position in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 5.0% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 289,524 shares of the company’s stock after purchasing an additional 13,828 shares during the quarter. Schwab U.S. Aggregate Bond ETF accounts for about 2.4% of Reston Wealth Management LLC’s investment portfolio, making the stock its 9th largest position. Reston Wealth Management LLC owned approximately 0.08% of Schwab U.S. Aggregate Bond ETF worth $6,729,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SCHZ. Assetmark Inc. lifted its stake in shares of Schwab U.S. Aggregate Bond ETF by 1,210.7% during the 2nd quarter. Assetmark Inc. now owns 3,670 shares of the company’s stock valued at $85,000 after buying an additional 3,390 shares in the last quarter. New Republic Capital LLC boosted its stake in shares of Schwab U.S. Aggregate Bond ETF by 132.6% in the first quarter. New Republic Capital LLC now owns 4,507 shares of the company’s stock worth $104,000 after acquiring an additional 2,569 shares during the period. Colonial Trust Advisors purchased a new stake in shares of Schwab U.S. Aggregate Bond ETF during the first quarter worth about $121,000. AdvisorNet Financial Inc raised its stake in Schwab U.S. Aggregate Bond ETF by 17.0% during the 2nd quarter. AdvisorNet Financial Inc now owns 6,242 shares of the company’s stock valued at $145,000 after purchasing an additional 909 shares during the period. Finally, Calton & Associates Inc. purchased a new position in Schwab U.S. Aggregate Bond ETF in the 1st quarter worth approximately $190,000.

Schwab U.S. Aggregate Bond ETF Stock Performance

SCHZ stock opened at $23.46 on Friday. Schwab U.S. Aggregate Bond ETF has a 1-year low of $22.43 and a 1-year high of $23.71. The business has a 50 day simple moving average of $23.50 and a two-hundred day simple moving average of $23.18.

Schwab U.S. Aggregate Bond ETF 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.