Nwam LLC Grows Position in Schwab U.S. Aggregate Bond ETF $SCHZ

Nwam LLC increased its holdings in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 220.1% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 244,268 shares of the company’s stock after purchasing an additional 167,959 shares during the period. Nwam LLC owned 0.05% of Schwab U.S. Aggregate Bond ETF worth $5,650,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Brighton Jones LLC acquired a new position in shares of Schwab U.S. Aggregate Bond ETF during the fourth quarter worth $317,000. AQR Capital Management LLC lifted its holdings in shares of Schwab U.S. Aggregate Bond ETF by 15.9% during the first quarter. AQR Capital Management LLC now owns 14,212 shares of the company’s stock worth $329,000 after purchasing an additional 1,948 shares during the period. Focus Partners Wealth lifted its stake in Schwab U.S. Aggregate Bond ETF by 28.9% during the 1st quarter. Focus Partners Wealth now owns 28,189 shares of the company’s stock valued at $653,000 after acquiring an additional 6,326 shares during the period. Diversify Advisory Services LLC purchased a new stake in Schwab U.S. Aggregate Bond ETF in the second quarter valued at $3,099,000. Finally, Raymond James Financial Inc. boosted its stake in shares of Schwab U.S. Aggregate Bond ETF by 35.9% in the second quarter. Raymond James Financial Inc. now owns 865,452 shares of the company’s stock worth $20,113,000 after buying an additional 228,444 shares during the last quarter.

Schwab U.S. Aggregate Bond ETF Price Performance

Shares of NYSEARCA SCHZ opened at $22.77 on Tuesday. Schwab U.S. Aggregate Bond ETF has a 1 year low of $22.69 and a 1 year high of $23.73. The company’s fifty day moving average price is $22.89 and its 200 day moving average price is $23.12.

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.