Prime Capital Investment Advisors LLC Purchases 2,007,996 Shares of Schwab U.S. Aggregate Bond ETF $SCHZ

Prime Capital Investment Advisors LLC acquired a new position in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) in the third quarter, HoldingsChannel.com reports. The firm acquired 2,007,996 shares of the company’s stock, valued at approximately $44,377,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Dagco Inc. acquired a new position in shares of Schwab U.S. Aggregate Bond ETF in the third quarter valued at $18,330,000. Stewardship Advisors LLC acquired a new stake in shares of Schwab U.S. Aggregate Bond ETF during the 3rd quarter worth about $1,387,000. Genesee Capital Advisors LLC lifted its stake in shares of Schwab U.S. Aggregate Bond ETF by 3,951.9% during the 3rd quarter. Genesee Capital Advisors LLC now owns 510,783 shares of the company’s stock worth $11,288,000 after buying an additional 498,177 shares during the last quarter. Islay Capital Management LLC bought a new stake in shares of Schwab U.S. Aggregate Bond ETF during the 3rd quarter worth about $733,000. Finally, Invenio Wealth Partners LLC bought a new stake in shares of Schwab U.S. Aggregate Bond ETF during the 3rd quarter worth about $13,627,000.

Schwab U.S. Aggregate Bond ETF Stock Performance

Shares of SCHZ stock traded up $0.03 during midday trading on Tuesday, hitting $22.25. 1,037,142 shares of the company were exchanged, compared to its average volume of 2,284,432. Schwab U.S. Aggregate Bond ETF has a 52 week low of $21.92 and a 52 week high of $23.73. The firm’s 50 day moving average price is $22.47 and its two-hundred day moving average price is $22.85.

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.