Professional Financial Advisors LLC Purchases New Stake in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

Professional Financial Advisors LLC acquired a new position in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) in the first quarter, Holdings Channel.com reports. The institutional investor acquired 9,865 shares of the company’s stock, valued at approximately $228,000.

A number of other institutional investors have also recently bought and sold shares of the business. Dynamic Advisor Solutions LLC purchased a new stake in shares of Schwab U.S. Aggregate Bond ETF in the first quarter worth approximately $312,000. Stifel Financial Corp increased its stake in Schwab U.S. Aggregate Bond ETF by 129.1% in the 4th quarter. Stifel Financial Corp now owns 34,385 shares of the company’s stock valued at $781,000 after buying an additional 19,378 shares during the period. Wealth Enhancement Advisory Services LLC lifted its position in Schwab U.S. Aggregate Bond ETF by 7.4% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 3,691,159 shares of the company’s stock worth $85,487,000 after buying an additional 254,568 shares in the last quarter. Comerica Bank boosted its stake in shares of Schwab U.S. Aggregate Bond ETF by 727.3% during the 4th quarter. Comerica Bank now owns 15,536 shares of the company’s stock valued at $353,000 after buying an additional 13,658 shares during the period. Finally, US Bancorp DE grew its holdings in shares of Schwab U.S. Aggregate Bond ETF by 97.0% during the 4th quarter. US Bancorp DE now owns 37,184 shares of the company’s stock valued at $844,000 after acquiring an additional 18,309 shares in the last quarter.

Schwab U.S. Aggregate Bond ETF Stock Up 0.3%

NYSEARCA SCHZ opened at $23.05 on Tuesday. Schwab U.S. Aggregate Bond ETF has a 1-year low of $22.43 and a 1-year high of $24.15. The firm’s fifty day simple moving average is $22.91 and its 200-day simple moving average is $22.90.

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.