SpringVest Wealth Management LLC Makes New $635,000 Investment in Schwab U.S. Aggregate Bond ETF $SCHZ

SpringVest Wealth Management LLC bought a new stake in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) during the 3rd quarter, Holdings Channel.com reports. The fund bought 28,721 shares of the company’s stock, valued at approximately $635,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Laurel Wealth Advisors LLC bought a new position in shares of Schwab U.S. Aggregate Bond ETF in the 3rd quarter worth $92,000. BLB&B Advisors LLC purchased a new stake in shares of Schwab U.S. Aggregate Bond ETF during the 3rd quarter worth $6,537,000. AMI Investment Management Inc. purchased a new stake in shares of Schwab U.S. Aggregate Bond ETF during the 3rd quarter worth $10,698,000. Armor Investment Advisors LLC bought a new stake in Schwab U.S. Aggregate Bond ETF during the third quarter valued at about $72,000. Finally, William Mack & Associates Inc. bought a new stake in Schwab U.S. Aggregate Bond ETF during the third quarter valued at about $7,831,000.

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

Shares of SCHZ stock opened at $22.43 on Thursday. The stock’s 50-day moving average is $22.41 and its 200 day moving average is $22.99. Schwab U.S. Aggregate Bond ETF has a 1-year low of $21.92 and a 1-year high of $23.73.

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.