PFG Investments LLC Buys New Stake in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

PFG Investments LLC bought a new stake in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) in the first quarter, HoldingsChannel.com reports. The fund bought 8,132 shares of the company’s stock, valued at approximately $374,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Charles Schwab Investment Management Inc. boosted its stake in Schwab U.S. Aggregate Bond ETF by 9.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 26,820,056 shares of the company’s stock worth $1,250,351,000 after buying an additional 2,206,210 shares during the period. Cerity Partners LLC boosted its stake in Schwab U.S. Aggregate Bond ETF by 4,670.8% during the fourth quarter. Cerity Partners LLC now owns 4,298,526 shares of the company’s stock worth $200,397,000 after buying an additional 4,208,425 shares during the period. Avantax Planning Partners Inc. boosted its stake in Schwab U.S. Aggregate Bond ETF by 2.5% during the third quarter. Avantax Planning Partners Inc. now owns 3,288,681 shares of the company’s stock worth $145,458,000 after buying an additional 78,919 shares during the period. Ameriprise Financial Inc. boosted its stake in Schwab U.S. Aggregate Bond ETF by 8.3% during the third quarter. Ameriprise Financial Inc. now owns 3,255,637 shares of the company’s stock worth $144,052,000 after buying an additional 249,045 shares during the period. Finally, Financial Engines Advisors L.L.C. boosted its stake in Schwab U.S. Aggregate Bond ETF by 5.1% during the third quarter. Financial Engines Advisors L.L.C. now owns 2,586,335 shares of the company’s stock worth $114,394,000 after buying an additional 126,088 shares during the period.

Schwab U.S. Aggregate Bond ETF Stock Down 0.4 %

NYSEARCA SCHZ traded down $0.20 on Tuesday, hitting $44.67. 1,738,890 shares of the stock were exchanged, compared to its average volume of 885,777. The stock has a fifty day moving average price of $45.48 and a two-hundred day moving average price of $45.43. Schwab U.S. Aggregate Bond ETF has a 52-week low of $43.05 and a 52-week high of $47.26.

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.