Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) Hits New 12-Month Low – Should You Sell?

Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) shares reached a new 52-week low on Wednesday . The stock traded as low as $22.58 and last traded at $22.5850, with a volume of 441516 shares traded. The stock had previously closed at $22.64.

Schwab U.S. Aggregate Bond ETF Stock Performance

The business’s 50-day moving average price is $22.81 and its 200-day moving average price is $23.06.

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

A number of hedge funds have recently modified their holdings of the company. Newport Capital Group LLC bought a new stake in Schwab U.S. Aggregate Bond ETF during the fourth quarter valued at about $25,000. Godfrey Financial Associates Inc. purchased a new stake in shares of Schwab U.S. Aggregate Bond ETF during the 4th quarter valued at about $25,000. LGT Financial Advisors LLC increased its position in shares of Schwab U.S. Aggregate Bond ETF by 868.6% during the 3rd quarter. LGT Financial Advisors LLC now owns 1,172 shares of the company’s stock valued at $28,000 after purchasing an additional 1,051 shares during the last quarter. Gilpin Wealth Management LLC bought a new stake in shares of Schwab U.S. Aggregate Bond ETF in the 4th quarter worth about $28,000. Finally, PNC Financial Services Group Inc. purchased a new position in Schwab U.S. Aggregate Bond ETF in the 1st quarter worth about $37,000.

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.