Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) Stake Lifted by Valmark Advisers Inc.

Valmark Advisers Inc. increased its stake in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 20.1% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 36,399 shares of the company’s stock after acquiring an additional 6,087 shares during the period. Valmark Advisers Inc.’s holdings in Schwab U.S. Aggregate Bond ETF were worth $1,697,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Golden State Equity Partners bought a new position in Schwab U.S. Aggregate Bond ETF during the 4th quarter worth $221,000. Truist Financial Corp boosted its position in Schwab U.S. Aggregate Bond ETF by 2.1% during the 4th quarter. Truist Financial Corp now owns 15,974 shares of the company’s stock worth $745,000 after acquiring an additional 325 shares during the period. Callan Capital LLC boosted its position in Schwab U.S. Aggregate Bond ETF by 21.5% during the 4th quarter. Callan Capital LLC now owns 161,091 shares of the company’s stock worth $7,510,000 after acquiring an additional 28,549 shares during the period. Evolution Advisers Inc. boosted its position in Schwab U.S. Aggregate Bond ETF by 33.7% during the 4th quarter. Evolution Advisers Inc. now owns 5,162 shares of the company’s stock worth $240,000 after acquiring an additional 1,301 shares during the period. Finally, Syon Capital LLC acquired a new position in Schwab U.S. Aggregate Bond ETF during the 4th quarter worth $3,523,000.

Schwab U.S. Aggregate Bond ETF Trading Up 0.2 %

SCHZ stock traded up $0.10 during trading on Friday, reaching $44.77. 381,592 shares of the company’s stock were exchanged, compared to its average volume of 881,711. Schwab U.S. Aggregate Bond ETF has a 1-year low of $43.05 and a 1-year high of $47.26. The company’s fifty day moving average price is $45.51 and its 200-day moving average price is $45.40.

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.