Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) Shares Sold by Zhang Financial LLC

Zhang Financial LLC cut its holdings in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 3.7% during the first quarter, HoldingsChannel reports. The fund owned 18,503 shares of the company’s stock after selling 719 shares during the period. Zhang Financial LLC’s holdings in Schwab U.S. Aggregate Bond ETF were worth $851,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Tradition Wealth Management LLC increased its holdings in Schwab U.S. Aggregate Bond ETF by 3.8% in the 4th quarter. Tradition Wealth Management LLC now owns 6,010 shares of the company’s stock valued at $280,000 after purchasing an additional 219 shares during the last quarter. Cooper Financial Group increased its position in shares of Schwab U.S. Aggregate Bond ETF by 1.6% during the first quarter. Cooper Financial Group now owns 15,313 shares of the company’s stock worth $704,000 after acquiring an additional 234 shares during the period. Capital Insight Partners LLC boosted its holdings in Schwab U.S. Aggregate Bond ETF by 1.8% in the first quarter. Capital Insight Partners LLC now owns 14,760 shares of the company’s stock valued at $679,000 after purchasing an additional 258 shares during the period. Great Waters Wealth Management grew its stake in Schwab U.S. Aggregate Bond ETF by 1.2% during the 4th quarter. Great Waters Wealth Management now owns 23,924 shares of the company’s stock worth $1,112,000 after purchasing an additional 295 shares in the last quarter. Finally, Stockman Wealth Management Inc. increased its holdings in Schwab U.S. Aggregate Bond ETF by 1.4% during the 4th quarter. Stockman Wealth Management Inc. now owns 21,240 shares of the company’s stock worth $990,000 after purchasing an additional 300 shares during the period.

Schwab U.S. Aggregate Bond ETF Stock Performance

Shares of SCHZ traded down $0.06 during midday trading on Wednesday, hitting $45.44. The company had a trading volume of 284,090 shares, compared to its average volume of 817,145. Schwab U.S. Aggregate Bond ETF has a 1 year low of $43.05 and a 1 year high of $47.00. The company’s 50-day simple moving average is $45.30 and its 200-day simple moving average is $45.62.

About Schwab U.S. Aggregate Bond ETF

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.