Compass Financial Management LLC Purchases New Holdings in Schwab U.S. Aggregate Bond ETF $SCHZ

Compass Financial Management LLC bought a new stake in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 134,277 shares of the company’s stock, valued at approximately $3,106,000.

A number of other hedge funds have also recently modified their holdings of the business. JPMorgan Chase & Co. boosted its holdings in Schwab U.S. Aggregate Bond ETF by 3.7% during the 4th quarter. JPMorgan Chase & Co. now owns 12,588,220 shares of the company’s stock valued at $294,187,000 after acquiring an additional 451,820 shares during the period. Rockbridge Investment Management LCC increased its stake in Schwab U.S. Aggregate Bond ETF by 8.2% in the first quarter. Rockbridge Investment Management LCC now owns 9,693,597 shares of the company’s stock worth $225,085,000 after purchasing an additional 735,662 shares during the period. Avantax Planning Partners Inc. increased its stake in Schwab U.S. Aggregate Bond ETF by 3.5% in the first quarter. Avantax Planning Partners Inc. now owns 7,710,661 shares of the company’s stock worth $179,042,000 after purchasing an additional 263,321 shares during the period. Ameriprise Financial Inc. lifted its position in shares of Schwab U.S. Aggregate Bond ETF by 1.3% during the second quarter. Ameriprise Financial Inc. now owns 7,450,294 shares of the company’s stock worth $173,387,000 after purchasing an additional 98,660 shares during the last quarter. Finally, Charles Schwab Trust Co lifted its position in shares of Schwab U.S. Aggregate Bond ETF by 2.9% during the second quarter. Charles Schwab Trust Co now owns 6,601,917 shares of the company’s stock worth $152,702,000 after purchasing an additional 186,945 shares during the last quarter.

Schwab U.S. Aggregate Bond ETF Price Performance

Shares of SCHZ opened at $22.77 on Friday. Schwab U.S. Aggregate Bond ETF has a 12-month low of $22.69 and a 12-month high of $23.73. The firm has a fifty day moving average price of $22.93 and a 200-day moving average price of $23.14.

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.