Schwallier Wealth Management LLC Makes New $8.04 Million Investment in Schwab U.S. Aggregate Bond ETF $SCHZ

Schwallier Wealth Management LLC purchased a new position in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 363,900 shares of the company’s stock, valued at approximately $8,042,000. Schwab U.S. Aggregate Bond ETF accounts for about 5.3% of Schwallier Wealth Management LLC’s holdings, making the stock its 5th largest position. Schwallier Wealth Management LLC owned about 0.08% of Schwab U.S. Aggregate Bond ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Barrett & Company Inc. acquired a new position in Schwab U.S. Aggregate Bond ETF in the 3rd quarter worth $26,000. Foresight Capital Management Advisors Inc. purchased a new position in Schwab U.S. Aggregate Bond ETF in the 3rd quarter valued at about $27,000. Salomon & Ludwin LLC acquired a new stake in shares of Schwab U.S. Aggregate Bond ETF during the third quarter valued at about $27,000. Richardson Financial Services Inc. acquired a new stake in shares of Schwab U.S. Aggregate Bond ETF during the third quarter valued at about $32,000. Finally, PNC Financial Services Group Inc. acquired a new stake in shares of Schwab U.S. Aggregate Bond ETF during the first quarter valued at about $37,000.

Schwab U.S. Aggregate Bond ETF Stock Down 0.0%

Shares of NYSEARCA SCHZ opened at $22.40 on Thursday. Schwab U.S. Aggregate Bond ETF has a 1 year low of $21.92 and a 1 year high of $23.73. The stock’s 50-day simple moving average is $22.35 and its 200-day simple moving average is $22.94.

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.