Pinnacle Associates Ltd. Buys 24,003 Shares of Schwab U.S. Aggregate Bond ETF $SCHZ

Pinnacle Associates Ltd. lifted its holdings in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 228.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,511 shares of the company’s stock after buying an additional 24,003 shares during the period. Pinnacle Associates Ltd.’s holdings in Schwab U.S. Aggregate Bond ETF were worth $763,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently bought and sold shares of SCHZ. Charles Schwab Trust Co acquired a new stake in Schwab U.S. Aggregate Bond ETF in the 3rd quarter valued at about $85,288,000. Oarsman Capital Inc. grew its position in shares of Schwab U.S. Aggregate Bond ETF by 2,413.9% in the second quarter. Oarsman Capital Inc. now owns 3,355,112 shares of the company’s stock valued at $77,604,000 after purchasing an additional 3,221,648 shares in the last quarter. Prime Capital Investment Advisors LLC purchased a new stake in shares of Schwab U.S. Aggregate Bond ETF in the third quarter valued at approximately $44,377,000. ZynergyRetirementPlanningLLC purchased a new stake in shares of Schwab U.S. Aggregate Bond ETF in the third quarter valued at approximately $38,646,000. Finally, Financial Life Advisors acquired a new stake in shares of Schwab U.S. Aggregate Bond ETF in the third quarter valued at approximately $36,272,000.

Schwab U.S. Aggregate Bond ETF Stock Down 0.2%

NYSEARCA:SCHZ opened at $22.42 on Friday. Schwab U.S. Aggregate Bond ETF has a one year low of $21.92 and a one year high of $23.73. The stock has a 50 day moving average price of $22.43 and a 200 day moving average price of $22.83.

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.