Destination Wealth Management Acquires 567,128 Shares of Schwab U.S. Aggregate Bond ETF $SCHZ

Destination Wealth Management raised its holdings in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 41.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,945,776 shares of the company’s stock after acquiring an additional 567,128 shares during the period. Schwab U.S. Aggregate Bond ETF comprises 1.2% of Destination Wealth Management’s holdings, making the stock its 29th biggest holding. Destination Wealth Management owned approximately 0.47% of Schwab U.S. Aggregate Bond ETF worth $45,473,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SCHZ. Rossby Financial LCC grew its position in Schwab U.S. Aggregate Bond ETF by 121.1% in the third quarter. Rossby Financial LCC now owns 1,077 shares of the company’s stock valued at $25,000 after acquiring an additional 590 shares during the last quarter. Newport Capital Group LLC bought a new position in Schwab U.S. Aggregate Bond ETF in the fourth quarter valued at about $25,000. Godfrey Financial Associates Inc. bought a new position in Schwab U.S. Aggregate Bond ETF in the fourth quarter valued at about $25,000. LGT Financial Advisors LLC grew its position in Schwab U.S. Aggregate Bond ETF by 868.6% in the third quarter. LGT Financial Advisors LLC now owns 1,172 shares of the company’s stock valued at $28,000 after acquiring an additional 1,051 shares during the last quarter. Finally, Gilpin Wealth Management LLC bought a new position in Schwab U.S. Aggregate Bond ETF in the fourth quarter valued at about $28,000.

Schwab U.S. Aggregate Bond ETF Trading Down 0.1%

Schwab U.S. Aggregate Bond ETF stock opened at $23.09 on Friday. Schwab U.S. Aggregate Bond ETF has a 12-month low of $22.77 and a 12-month high of $23.73. The business’s 50-day moving average price is $23.14 and its two-hundred day moving average price is $23.32.

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.