Patriot Investment Management Group Inc. Reduces Holdings in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

Patriot Investment Management Group Inc. reduced its stake in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 13.2% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 144,320 shares of the company’s stock after selling 21,902 shares during the quarter. Patriot Investment Management Group Inc.’s holdings in Schwab U.S. Aggregate Bond ETF were worth $3,342,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in SCHZ. Liberty Capital Management Inc. lifted its stake in shares of Schwab U.S. Aggregate Bond ETF by 4.8% in the 1st quarter. Liberty Capital Management Inc. now owns 25,702 shares of the company’s stock valued at $595,000 after purchasing an additional 1,168 shares during the last quarter. Total Wealth Planning LLC raised its position in Schwab U.S. Aggregate Bond ETF by 5.0% in the 1st quarter. Total Wealth Planning LLC now owns 3,747,793 shares of the company’s stock valued at $86,799,000 after purchasing an additional 178,624 shares in the last quarter. Sterling Investment Management LLC raised its position in Schwab U.S. Aggregate Bond ETF by 4.6% in the 1st quarter. Sterling Investment Management LLC now owns 66,088 shares of the company’s stock valued at $1,531,000 after purchasing an additional 2,933 shares in the last quarter. Zhang Financial LLC increased its holdings in shares of Schwab U.S. Aggregate Bond ETF by 157.6% in the 1st quarter. Zhang Financial LLC now owns 96,868 shares of the company’s stock valued at $2,243,000 after acquiring an additional 59,260 shares during the last quarter. Finally, Focus Financial Network Inc. increased its holdings in shares of Schwab U.S. Aggregate Bond ETF by 3.8% in the 1st quarter. Focus Financial Network Inc. now owns 393,657 shares of the company’s stock valued at $9,117,000 after acquiring an additional 14,289 shares during the last quarter.

Schwab U.S. Aggregate Bond ETF Stock Performance

NYSEARCA:SCHZ opened at $23.02 on Friday. The stock’s 50 day moving average price is $22.89 and its 200 day moving average price is $22.92. Schwab U.S. Aggregate Bond ETF has a 52-week low of $22.43 and a 52-week high of $24.15.

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.