Schwab U.S. Aggregate Bond ETF $SCHZ Stock Holdings Raised by Pinnacle Associates Ltd.

Pinnacle Associates Ltd. lifted its holdings in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 228.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 34,511 shares of the company’s stock after purchasing an additional 24,003 shares during the period. Pinnacle Associates Ltd.’s holdings in Schwab U.S. Aggregate Bond ETF were worth $763,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of SCHZ. PNC Financial Services Group Inc. acquired a new position in Schwab U.S. Aggregate Bond ETF in the 1st quarter worth about $37,000. Sachetta LLC boosted its position in Schwab U.S. Aggregate Bond ETF by 447.6% during the first quarter. Sachetta LLC now owns 1,818 shares of the company’s stock worth $42,000 after purchasing an additional 1,486 shares in the last quarter. Versant Capital Management Inc acquired a new stake in Schwab U.S. Aggregate Bond ETF in the third quarter valued at approximately $49,000. SouthState Bank Corp grew its holdings in Schwab U.S. Aggregate Bond ETF by 539.3% in the first quarter. SouthState Bank Corp now owns 2,212 shares of the company’s stock valued at $51,000 after purchasing an additional 1,866 shares during the period. Finally, Richards Merrill & Peterson Inc. acquired a new stake in Schwab U.S. Aggregate Bond ETF in the third quarter valued at approximately $55,000.

Schwab U.S. Aggregate Bond ETF Stock Performance

Schwab U.S. Aggregate Bond ETF stock opened at $22.42 on Friday. Schwab U.S. Aggregate Bond ETF has a 12 month low of $21.92 and a 12 month high of $23.73. The business has a 50 day simple moving average of $22.43 and a 200-day simple moving average of $22.83.

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.