1,201,461 Shares of Schwab U.S. Aggregate Bond ETF $SCHZ Bought by Novem Group

Novem Group purchased a new position in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,201,461 shares of the company’s stock, valued at approximately $26,552,000. Schwab U.S. Aggregate Bond ETF makes up about 2.7% of Novem Group’s holdings, making the stock its 4th largest position.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SCHZ. Rockbridge Investment Management LCC grew its stake in Schwab U.S. Aggregate Bond ETF by 8.2% during the 1st quarter. Rockbridge Investment Management LCC now owns 9,693,597 shares of the company’s stock valued at $225,085,000 after acquiring an additional 735,662 shares in the last quarter. Avantax Planning Partners Inc. raised its holdings in Schwab U.S. Aggregate Bond ETF by 3.5% in the 1st quarter. Avantax Planning Partners Inc. now owns 7,710,661 shares of the company’s stock valued at $179,042,000 after acquiring an additional 263,321 shares during the last quarter. Charles Schwab Trust Co raised its holdings in Schwab U.S. Aggregate Bond ETF by 2.9% in the 2nd quarter. Charles Schwab Trust Co now owns 6,601,917 shares of the company’s stock valued at $152,702,000 after acquiring an additional 186,945 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in Schwab U.S. Aggregate Bond ETF by 5.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,483,103 shares of the company’s stock valued at $80,564,000 after acquiring an additional 188,635 shares during the last quarter. Finally, Oarsman Capital Inc. lifted its stake in Schwab U.S. Aggregate Bond ETF by 2,413.9% in the 2nd quarter. Oarsman Capital Inc. now owns 3,355,112 shares of the company’s stock worth $77,604,000 after purchasing an additional 3,221,648 shares in the last quarter.

Schwab U.S. Aggregate Bond ETF Trading Down 0.3%

SCHZ traded down $0.06 during trading on Monday, reaching $22.23. The company’s stock had a trading volume of 2,225,099 shares, compared to its average volume of 2,291,015. The firm has a fifty day simple moving average of $22.48 and a two-hundred day simple moving average of $22.86. Schwab U.S. Aggregate Bond ETF has a 1 year low of $21.92 and a 1 year high of $23.73.

Schwab U.S. Aggregate Bond ETF Company 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.