Burt Wealth Advisors Grows Position in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

Burt Wealth Advisors boosted its stake in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 81.7% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 42,578 shares of the company’s stock after purchasing an additional 19,139 shares during the period. Burt Wealth Advisors’ holdings in Schwab U.S. Aggregate Bond ETF were worth $967,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. US Bancorp DE increased its holdings in Schwab U.S. Aggregate Bond ETF by 26.2% in the 3rd quarter. US Bancorp DE now owns 18,875 shares of the company’s stock worth $897,000 after acquiring an additional 3,913 shares in the last quarter. Farther Finance Advisors LLC grew its stake in shares of Schwab U.S. Aggregate Bond ETF by 9.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 23,056 shares of the company’s stock valued at $1,096,000 after buying an additional 2,044 shares during the period. Chicago Partners Investment Group LLC raised its position in Schwab U.S. Aggregate Bond ETF by 99.8% in the third quarter. Chicago Partners Investment Group LLC now owns 28,463 shares of the company’s stock valued at $1,353,000 after purchasing an additional 14,218 shares during the period. Opes Wealth Management LLC boosted its stake in Schwab U.S. Aggregate Bond ETF by 34.8% during the third quarter. Opes Wealth Management LLC now owns 8,344 shares of the company’s stock worth $396,000 after buying an additional 2,153 shares during the period. Finally, FIDELIS iM LLC acquired a new position in Schwab U.S. Aggregate Bond ETF during the third quarter worth $887,000.

Schwab U.S. Aggregate Bond ETF Price Performance

Shares of SCHZ opened at $23.24 on Tuesday. Schwab U.S. Aggregate Bond ETF has a 1 year low of $22.26 and a 1 year high of $24.15. The company’s 50-day simple moving average is $22.79 and its 200-day simple moving average is $23.15.

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.