Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) Sets New 1-Year Low – What’s Next?

Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) reached a new 52-week low during mid-day trading on Friday . The stock traded as low as $22.73 and last traded at $22.74, with a volume of 517075 shares changing hands. The stock had previously closed at $22.83.

Schwab U.S. Aggregate Bond ETF Trading Down 0.4%

The stock’s fifty day moving average is $23.01 and its 200-day moving average is $23.21.

Institutional Trading of Schwab U.S. Aggregate Bond ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Retirement Guys Formula LLC increased its holdings in shares of Schwab U.S. Aggregate Bond ETF by 2.2% in the fourth quarter. Retirement Guys Formula LLC now owns 19,798 shares of the company’s stock worth $463,000 after acquiring an additional 432 shares in the last quarter. M1 Capital Management LLC increased its stake in Schwab U.S. Aggregate Bond ETF by 0.4% in the 4th quarter. M1 Capital Management LLC now owns 102,858 shares of the company’s stock valued at $2,404,000 after buying an additional 459 shares during the last quarter. CoreCap Advisors LLC increased its position in shares of Schwab U.S. Aggregate Bond ETF by 11.2% in the fourth quarter. CoreCap Advisors LLC now owns 4,700 shares of the company’s stock valued at $110,000 after acquiring an additional 473 shares during the last quarter. Note Advisors LLC raised its stake in shares of Schwab U.S. Aggregate Bond ETF by 3.2% during the 4th quarter. Note Advisors LLC now owns 15,122 shares of the company’s stock worth $354,000 after purchasing an additional 475 shares in the last quarter. Finally, Parallel Advisors LLC increased its holdings in Schwab U.S. Aggregate Bond ETF by 2.4% during the fourth quarter. Parallel Advisors LLC now owns 20,470 shares of the company’s stock worth $478,000 after buying an additional 479 shares during the last quarter.

About Schwab U.S. Aggregate Bond ETF

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.