Vermillion Wealth Management Inc. Has $1.32 Million Stake in Schwab U.S. Aggregate Bond ETF $SCHZ

Vermillion Wealth Management Inc. increased its stake in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 114.3% during the fourth quarter, HoldingsChannel.com reports. The fund owned 56,503 shares of the company’s stock after purchasing an additional 30,141 shares during the period. Schwab U.S. Aggregate Bond ETF makes up 0.5% of Vermillion Wealth Management Inc.’s holdings, making the stock its 26th largest position. Vermillion Wealth Management Inc.’s holdings in Schwab U.S. Aggregate Bond ETF were worth $1,320,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in SCHZ. Brighton Jones LLC acquired a new position in shares of Schwab U.S. Aggregate Bond ETF during the 4th quarter valued at about $317,000. AQR Capital Management LLC increased its holdings in shares of Schwab U.S. Aggregate Bond ETF by 15.9% during the 1st quarter. AQR Capital Management LLC now owns 14,212 shares of the company’s stock valued at $329,000 after acquiring an additional 1,948 shares during the last quarter. Focus Partners Wealth increased its holdings in shares of Schwab U.S. Aggregate Bond ETF by 28.9% during the 1st quarter. Focus Partners Wealth now owns 28,189 shares of the company’s stock valued at $653,000 after acquiring an additional 6,326 shares during the last quarter. Diversify Advisory Services LLC bought a new stake in Schwab U.S. Aggregate Bond ETF during the 2nd quarter valued at approximately $3,099,000. Finally, Raymond James Financial Inc. boosted its stake in Schwab U.S. Aggregate Bond ETF by 35.9% during the 2nd quarter. Raymond James Financial Inc. now owns 865,452 shares of the company’s stock valued at $20,113,000 after purchasing an additional 228,444 shares during the period.

Schwab U.S. Aggregate Bond ETF Stock Performance

Shares of NYSEARCA:SCHZ opened at $22.96 on Friday. The business has a 50 day moving average price of $23.15 and a 200 day moving average price of $23.33. Schwab U.S. Aggregate Bond ETF has a twelve month low of $22.75 and a twelve month high of $23.73.

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.