Smart Money Group LLC Buys Shares of 64,924 Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

Smart Money Group LLC bought a new position in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZFree Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 64,924 shares of the company’s stock, valued at approximately $3,027,000. Schwab U.S. Aggregate Bond ETF comprises 1.3% of Smart Money Group LLC’s portfolio, making the stock its 20th biggest holding.

A number of other hedge funds also recently made changes to their positions in the stock. Beaird Harris Wealth Management LLC acquired a new stake in Schwab U.S. Aggregate Bond ETF in the third quarter valued at approximately $25,000. Financial Management Professionals Inc. lifted its holdings in shares of Schwab U.S. Aggregate Bond ETF by 275.1% during the fourth quarter. Financial Management Professionals Inc. now owns 784 shares of the company’s stock worth $37,000 after purchasing an additional 575 shares during the period. Sound Income Strategies LLC acquired a new stake in shares of Schwab U.S. Aggregate Bond ETF in the fourth quarter valued at about $59,000. Level Financial Advisors Inc. acquired a new position in shares of Schwab U.S. Aggregate Bond ETF in the 4th quarter worth approximately $63,000. Finally, Fortitude Family Office LLC acquired a new stake in shares of Schwab U.S. Aggregate Bond ETF during the fourth quarter worth $67,000.

Schwab U.S. Aggregate Bond ETF Stock Up 0.4 %

Shares of NYSEARCA:SCHZ traded up $0.19 during midday trading on Thursday, reaching $44.93. The company’s stock had a trading volume of 486,452 shares, compared to its average volume of 876,919. The firm has a 50 day moving average price of $45.46 and a two-hundred day moving average price of $45.43. Schwab U.S. Aggregate Bond ETF has a fifty-two week low of $43.05 and a fifty-two week high of $47.26.

Schwab U.S. Aggregate Bond ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

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