TSG Advice Partners LLC Buys 1,585,961 Shares of Schwab U.S. Aggregate Bond ETF $SCHZ

TSG Advice Partners LLC bought a new position in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) in the 3rd quarter, Holdings Channel reports. The firm bought 1,585,961 shares of the company’s stock, valued at approximately $35,050,000. Schwab U.S. Aggregate Bond ETF comprises about 4.7% of TSG Advice Partners LLC’s portfolio, making the stock its 10th largest holding.

Several other institutional investors have also recently made changes to their positions in the company. Barrett & Company Inc. purchased a new position in shares of Schwab U.S. Aggregate Bond ETF during the 3rd quarter worth about $26,000. Foresight Capital Management Advisors Inc. bought a new position in Schwab U.S. Aggregate Bond ETF during the 3rd quarter valued at about $27,000. Salomon & Ludwin LLC purchased a new stake in Schwab U.S. Aggregate Bond ETF in the 3rd quarter worth about $27,000. PNC Financial Services Group Inc. purchased a new stake in Schwab U.S. Aggregate Bond ETF in the 1st quarter worth about $37,000. Finally, Hanseatic Management Services Inc. purchased a new stake in Schwab U.S. Aggregate Bond ETF in the 3rd quarter worth about $38,000.

Schwab U.S. Aggregate Bond ETF Price Performance

Shares of NYSEARCA SCHZ opened at $22.46 on Tuesday. Schwab U.S. Aggregate Bond ETF has a 1 year low of $21.92 and a 1 year high of $23.73. The firm has a 50-day simple moving average of $22.40 and a two-hundred day simple moving average of $22.97.

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.