ACT Wealth Management LLC Grows Stock Position in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

ACT Wealth Management LLC boosted its position in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 107.1% in the 4th quarter, Holdings Channel reports. The institutional investor owned 83,433 shares of the company’s stock after buying an additional 43,139 shares during the quarter. Schwab U.S. Aggregate Bond ETF accounts for 0.9% of ACT Wealth Management LLC’s investment portfolio, making the stock its 14th largest holding. ACT Wealth Management LLC’s holdings in Schwab U.S. Aggregate Bond ETF were worth $1,894,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of SCHZ. Semmax Financial Advisors Inc. grew its stake in shares of Schwab U.S. Aggregate Bond ETF by 10.8% during the second quarter. Semmax Financial Advisors Inc. now owns 12,585 shares of the company’s stock valued at $591,000 after buying an additional 1,224 shares during the last quarter. Squarepoint Ops LLC boosted its holdings in Schwab U.S. Aggregate Bond ETF by 28.6% during the 2nd quarter. Squarepoint Ops LLC now owns 15,271 shares of the company’s stock valued at $696,000 after acquiring an additional 3,396 shares during the period. Ascent Group LLC grew its position in Schwab U.S. Aggregate Bond ETF by 55.1% in the 2nd quarter. Ascent Group LLC now owns 83,353 shares of the company’s stock valued at $3,799,000 after acquiring an additional 29,609 shares during the last quarter. Regal Investment Advisors LLC increased its stake in Schwab U.S. Aggregate Bond ETF by 29.1% in the second quarter. Regal Investment Advisors LLC now owns 28,017 shares of the company’s stock worth $1,277,000 after purchasing an additional 6,308 shares during the period. Finally, B. Riley Wealth Advisors Inc. lifted its position in shares of Schwab U.S. Aggregate Bond ETF by 24.8% during the second quarter. B. Riley Wealth Advisors Inc. now owns 15,035 shares of the company’s stock worth $685,000 after purchasing an additional 2,989 shares during the last quarter.

Schwab U.S. Aggregate Bond ETF Stock Performance

NYSEARCA SCHZ opened at $22.79 on Wednesday. Schwab U.S. Aggregate Bond ETF has a 12 month low of $22.26 and a 12 month high of $24.15. The company’s 50-day moving average price is $22.87 and its 200-day moving average price is $23.20.

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.