Schmidt P J Investment Management Inc. Acquires New Shares in Schwab U.S. Aggregate Bond ETF $SCHZ

Schmidt P J Investment Management Inc. acquired a new stake in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 120,519 shares of the company’s stock, valued at approximately $2,663,000.

A number of other large investors have also added to or reduced their stakes in the business. Barrett & Company Inc. acquired a new stake in Schwab U.S. Aggregate Bond ETF during the 3rd quarter worth approximately $26,000. Foresight Capital Management Advisors Inc. bought a new stake in Schwab U.S. Aggregate Bond ETF during the 3rd quarter worth approximately $27,000. Salomon & Ludwin LLC bought a new stake in Schwab U.S. Aggregate Bond ETF during the 3rd quarter worth approximately $27,000. Richardson Financial Services Inc. bought a new stake in Schwab U.S. Aggregate Bond ETF during the 3rd quarter worth approximately $32,000. Finally, PNC Financial Services Group Inc. acquired a new position in Schwab U.S. Aggregate Bond ETF in the 1st quarter valued at approximately $37,000.

Schwab U.S. Aggregate Bond ETF Stock Performance

Shares of NYSEARCA SCHZ opened at $22.52 on Thursday. The firm has a 50 day moving average price of $22.38 and a two-hundred day moving average price of $22.96. Schwab U.S. Aggregate Bond ETF has a 52-week low of $21.92 and a 52-week high of $23.73.

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.