M1 Capital Management LLC Decreases Position in Schwab U.S. Aggregate Bond ETF $SCHZ

M1 Capital Management LLC cut its stake in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 1.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 101,422 shares of the company’s stock after selling 1,528 shares during the period. Schwab U.S. Aggregate Bond ETF accounts for about 1.2% of M1 Capital Management LLC’s portfolio, making the stock its 26th biggest position. M1 Capital Management LLC’s holdings in Schwab U.S. Aggregate Bond ETF were worth $2,357,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Coordinated Financial Services Inc. purchased a new stake in Schwab U.S. Aggregate Bond ETF during the second quarter valued at approximately $1,350,000. Beacon Bridge Wealth Partners LLC raised its holdings in shares of Schwab U.S. Aggregate Bond ETF by 7.6% in the second quarter. Beacon Bridge Wealth Partners LLC now owns 211,119 shares of the company’s stock worth $4,906,000 after buying an additional 14,826 shares during the period. IFP Advisors Inc raised its holdings in shares of Schwab U.S. Aggregate Bond ETF by 12.2% in the second quarter. IFP Advisors Inc now owns 412,764 shares of the company’s stock worth $9,593,000 after buying an additional 44,873 shares during the period. MSH Capital Advisors LLC raised its holdings in shares of Schwab U.S. Aggregate Bond ETF by 39.3% in the second quarter. MSH Capital Advisors LLC now owns 54,312 shares of the company’s stock worth $1,262,000 after buying an additional 15,328 shares during the period. Finally, US Bancorp DE raised its holdings in shares of Schwab U.S. Aggregate Bond ETF by 1.7% in the second quarter. US Bancorp DE now owns 33,083 shares of the company’s stock worth $769,000 after buying an additional 551 shares during the period.

Schwab U.S. Aggregate Bond ETF Trading Down 0.1%

Shares of NYSEARCA SCHZ opened at $23.42 on Friday. The business’s 50 day moving average price is $23.35 and its 200-day moving average price is $23.10. Schwab U.S. Aggregate Bond ETF has a fifty-two week low of $22.43 and a fifty-two week high of $23.65.

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.