Strategic Financial Concepts LLC Takes $1.72 Million Position in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

Strategic Financial Concepts LLC purchased a new position in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 75,701 shares of the company’s stock, valued at approximately $1,718,000.

Several other institutional investors also recently modified their holdings of the business. Aveo Capital Partners LLC grew its holdings in Schwab U.S. Aggregate Bond ETF by 155.9% in the fourth quarter. Aveo Capital Partners LLC now owns 14,812 shares of the company’s stock worth $336,000 after purchasing an additional 9,024 shares during the period. Compass Financial Group INC SD grew its stake in shares of Schwab U.S. Aggregate Bond ETF by 110.1% in the 4th quarter. Compass Financial Group INC SD now owns 106,501 shares of the company’s stock worth $2,418,000 after buying an additional 55,804 shares during the last quarter. WealthPLAN Partners LLC increased its position in Schwab U.S. Aggregate Bond ETF by 101.9% during the 4th quarter. WealthPLAN Partners LLC now owns 172,673 shares of the company’s stock valued at $3,920,000 after buying an additional 87,133 shares in the last quarter. Blue Trust Inc. raised its stake in Schwab U.S. Aggregate Bond ETF by 183.9% during the fourth quarter. Blue Trust Inc. now owns 1,280,939 shares of the company’s stock valued at $29,077,000 after buying an additional 829,751 shares during the last quarter. Finally, Values Added Financial LLC bought a new stake in Schwab U.S. Aggregate Bond ETF in the fourth quarter worth $1,400,000.

Schwab U.S. Aggregate Bond ETF Stock Performance

Shares of NYSEARCA:SCHZ opened at $22.89 on Tuesday. The business has a fifty day moving average price of $22.78 and a 200-day moving average price of $23.18. Schwab U.S. Aggregate Bond ETF has a 1-year low of $22.26 and a 1-year high of $24.15.

About Schwab U.S. Aggregate Bond ETF

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.