Commonwealth Equity Services LLC Makes New Investment in Schwab U.S. Aggregate Bond ETF $SCHZ

Commonwealth Equity Services LLC acquired a new position in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 4,206,241 shares of the company’s stock, valued at approximately $92,958,000. Commonwealth Equity Services LLC owned about 0.87% of Schwab U.S. Aggregate Bond ETF as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. TFB Advisors LLC bought a new position in shares of Schwab U.S. Aggregate Bond ETF during the 3rd quarter valued at about $380,000. Wealth Dimensions Group Ltd. bought a new position in shares of Schwab U.S. Aggregate Bond ETF in the third quarter valued at $176,000. Schmidt P J Investment Management Inc. bought a new stake in shares of Schwab U.S. Aggregate Bond ETF in the 3rd quarter valued at about $2,663,000. Pathway Financial Advisers LLC bought a new position in shares of Schwab U.S. Aggregate Bond ETF during the 3rd quarter worth approximately $460,000. Finally, Costello Asset Management INC bought a new position in shares of Schwab U.S. Aggregate Bond ETF in the third quarter valued at about $553,000.

Schwab U.S. Aggregate Bond ETF Price Performance

SCHZ opened at $22.55 on Friday. The stock has a fifty day moving average of $22.37 and a 200-day moving average of $22.95. Schwab U.S. Aggregate Bond ETF has a fifty-two week low of $21.92 and a fifty-two week 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.