Wrapmanager Inc. Buys Shares of 207,575 Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

Wrapmanager Inc. purchased a new stake in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 207,575 shares of the company’s stock, valued at approximately $4,712,000. Schwab U.S. Aggregate Bond ETF comprises approximately 1.2% of Wrapmanager Inc.’s investment portfolio, making the stock its 19th largest holding. Wrapmanager Inc. owned 0.12% of Schwab U.S. Aggregate Bond ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of SCHZ. Tenret Co LLC boosted its stake in Schwab U.S. Aggregate Bond ETF by 103.1% during the 4th quarter. Tenret Co LLC now owns 789,769 shares of the company’s stock valued at $17,928,000 after purchasing an additional 400,925 shares during the period. Rothschild Investment LLC raised its position in shares of Schwab U.S. Aggregate Bond ETF by 101.2% during the fourth quarter. Rothschild Investment LLC now owns 3,717 shares of the company’s stock valued at $84,000 after buying an additional 1,870 shares during the last quarter. Northwest Capital Management Inc lifted its position in shares of Schwab U.S. Aggregate Bond ETF by 7.5% in the 4th quarter. Northwest Capital Management Inc now owns 106,479 shares of the company’s stock worth $2,417,000 after acquiring an additional 7,383 shares during the period. IFP Advisors Inc boosted its stake in Schwab U.S. Aggregate Bond ETF by 148.4% during the fourth quarter. IFP Advisors Inc now owns 331,754 shares of the company’s stock worth $7,531,000 after buying an additional 198,190 shares in the last quarter. Finally, WealthShield Partners LLC boosted its position in shares of Schwab U.S. Aggregate Bond ETF by 39.1% during the 4th quarter. WealthShield Partners LLC now owns 300,686 shares of the company’s stock valued at $6,826,000 after acquiring an additional 84,503 shares in the last quarter.

Schwab U.S. Aggregate Bond ETF Price Performance

Shares of NYSEARCA SCHZ opened at $23.00 on Tuesday. Schwab U.S. Aggregate Bond ETF has a 52-week low of $22.26 and a 52-week high of $24.15. The business has a fifty day moving average of $22.75 and a two-hundred day moving average of $23.16.

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.