Schwab U.S. Aggregate Bond ETF $SCHZ Shares Newly Acquired by Peak Financial Management Inc.

Peak Financial Management Inc. acquired a new position in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 447,574 shares of the company’s stock, valued at approximately $9,891,000. Schwab U.S. Aggregate Bond ETF accounts for about 2.2% of Peak Financial Management Inc.’s holdings, making the stock its 18th largest holding. Peak Financial Management Inc. owned about 0.09% of Schwab U.S. Aggregate Bond ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the company. PNC Financial Services Group Inc. acquired a new stake in Schwab U.S. Aggregate Bond ETF in the 1st quarter valued at approximately $37,000. Sachetta LLC lifted its stake in Schwab U.S. Aggregate Bond ETF by 447.6% in the 1st quarter. Sachetta LLC now owns 1,818 shares of the company’s stock valued at $42,000 after acquiring an additional 1,486 shares in the last quarter. SouthState Bank Corp boosted its position in Schwab U.S. Aggregate Bond ETF by 539.3% during the 1st quarter. SouthState Bank Corp now owns 2,212 shares of the company’s stock worth $51,000 after acquiring an additional 1,866 shares during the last quarter. Versant Capital Management Inc acquired a new position in Schwab U.S. Aggregate Bond ETF during the 3rd quarter worth approximately $49,000. Finally, Tompkins Financial Corp bought a new position in shares of Schwab U.S. Aggregate Bond ETF during the 3rd quarter worth approximately $63,000.

Schwab U.S. Aggregate Bond ETF Price Performance

Shares of NYSEARCA SCHZ traded up $0.01 during midday trading on Friday, reaching $22.29. The company’s stock had a trading volume of 2,265,913 shares, compared to its average volume of 2,291,347. Schwab U.S. Aggregate Bond ETF has a fifty-two week low of $21.92 and a fifty-two week high of $23.73. The stock has a 50 day simple moving average of $22.48 and a 200-day simple moving average of $22.86.

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.