Financial Life Advisors Has $32.14 Million Stake in Schwab U.S. Aggregate Bond ETF $SCHZ

Financial Life Advisors grew its position in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 5.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,369,594 shares of the company’s stock after purchasing an additional 75,386 shares during the quarter. Schwab U.S. Aggregate Bond ETF makes up about 10.3% of Financial Life Advisors’ portfolio, making the stock its 3rd largest position. Financial Life Advisors owned 0.35% of Schwab U.S. Aggregate Bond ETF worth $32,144,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Alliance Wealth Management Group increased its holdings in shares of Schwab U.S. Aggregate Bond ETF by 3.5% in the third quarter. Alliance Wealth Management Group now owns 1,063,942 shares of the company’s stock worth $24,971,000 after purchasing an additional 36,009 shares during the period. Fortis Capital Advisors LLC purchased a new stake in shares of Schwab U.S. Aggregate Bond ETF in the third quarter worth $1,053,000. Farther Finance Advisors LLC lifted its holdings in shares of Schwab U.S. Aggregate Bond ETF by 346.8% during the third quarter. Farther Finance Advisors LLC now owns 138,312 shares of the company’s stock valued at $3,246,000 after purchasing an additional 107,357 shares in the last quarter. Cedar Mountain Advisors LLC boosted its holdings in Schwab U.S. Aggregate Bond ETF by 3.6% in the third quarter. Cedar Mountain Advisors LLC now owns 645,702 shares of the company’s stock worth $15,155,000 after purchasing an additional 22,623 shares during the last quarter. Finally, ONE Advisory Partners LLC boosted its position in shares of Schwab U.S. Aggregate Bond ETF by 4.3% in the second quarter. ONE Advisory Partners LLC now owns 20,224 shares of the company’s stock worth $466,000 after purchasing an additional 825 shares during the period.

Schwab U.S. Aggregate Bond ETF Price Performance

SCHZ opened at $23.44 on Friday. Schwab U.S. Aggregate Bond ETF has a 52 week low of $22.52 and a 52 week high of $23.71. The firm has a 50-day simple moving average of $23.43 and a two-hundred day simple moving average of $23.38.

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.