Avidian Wealth Solutions LLC Lowers Stock Holdings in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

Avidian Wealth Solutions LLC reduced its position in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 26.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 57,520 shares of the company’s stock after selling 20,872 shares during the quarter. Avidian Wealth Solutions LLC’s holdings in Schwab U.S. Aggregate Bond ETF were worth $2,682,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of SCHZ. W Advisors LLC bought a new stake in Schwab U.S. Aggregate Bond ETF during the fourth quarter valued at $1,201,000. U.S. Capital Wealth Advisors LLC increased its holdings in shares of Schwab U.S. Aggregate Bond ETF by 63.1% in the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 19,106 shares of the company’s stock worth $891,000 after buying an additional 7,395 shares during the last quarter. Merit Financial Group LLC bought a new stake in shares of Schwab U.S. Aggregate Bond ETF during the 4th quarter worth $4,770,000. Smart Money Group LLC purchased a new position in Schwab U.S. Aggregate Bond ETF in the fourth quarter worth $3,027,000. Finally, SRS Capital Advisors Inc. purchased a new position in Schwab U.S. Aggregate Bond ETF in the fourth quarter worth $249,000.

Schwab U.S. Aggregate Bond ETF Trading Up 0.5 %

NYSEARCA SCHZ traded up $0.22 during trading hours on Friday, reaching $45.15. 501,857 shares of the stock traded hands, compared to its average volume of 872,639. The stock has a 50 day simple moving average of $45.44 and a two-hundred day simple moving average of $45.44. Schwab U.S. Aggregate Bond ETF has a 1 year low of $43.05 and a 1 year high of $47.26.

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.