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

Commonwealth Equity Services LLC bought a new stake in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) during the 3rd quarter, HoldingsChannel reports. The fund bought 4,206,241 shares of the company’s stock, valued at approximately $92,958,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Barrett & Company Inc. purchased a new stake in Schwab U.S. Aggregate Bond ETF in the 3rd quarter worth about $26,000. Foresight Capital Management Advisors Inc. purchased a new position in shares of Schwab U.S. Aggregate Bond ETF during the third quarter valued at approximately $27,000. Salomon & Ludwin LLC purchased a new position in shares of Schwab U.S. Aggregate Bond ETF during the third quarter valued at approximately $27,000. Richardson Financial Services Inc. purchased a new position in shares of Schwab U.S. Aggregate Bond ETF during the third quarter valued at approximately $32,000. Finally, PNC Financial Services Group Inc. bought a new position in shares of Schwab U.S. Aggregate Bond ETF during the first quarter valued at approximately $37,000.

Schwab U.S. Aggregate Bond ETF Stock Performance

SCHZ opened at $22.55 on Friday. The business 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 52-week low of $21.92 and a 52-week high of $23.73.

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.