Merit Financial Group LLC Makes New Investment in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

Merit Financial Group LLC purchased a new stake in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) in the fourth quarter, HoldingsChannel reports. The firm purchased 102,322 shares of the company’s stock, valued at approximately $4,770,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Great Waters Wealth Management raised its position in shares of Schwab U.S. Aggregate Bond ETF by 1.2% in the fourth quarter. Great Waters Wealth Management now owns 23,924 shares of the company’s stock valued at $1,112,000 after buying an additional 295 shares in the last quarter. Stockman Wealth Management Inc. raised its position in shares of Schwab U.S. Aggregate Bond ETF by 1.4% in the fourth quarter. Stockman Wealth Management Inc. now owns 21,240 shares of the company’s stock valued at $990,000 after buying an additional 300 shares in the last quarter. Truist Financial Corp raised its position in shares of Schwab U.S. Aggregate Bond ETF by 2.1% in the fourth quarter. Truist Financial Corp now owns 15,974 shares of the company’s stock valued at $745,000 after buying an additional 325 shares in the last quarter. Blossom Wealth Management raised its position in shares of Schwab U.S. Aggregate Bond ETF by 1.2% in the fourth quarter. Blossom Wealth Management now owns 27,128 shares of the company’s stock valued at $1,265,000 after buying an additional 332 shares in the last quarter. Finally, Consolidated Portfolio Review Corp raised its position in Schwab U.S. Aggregate Bond ETF by 4.5% during the third quarter. Consolidated Portfolio Review Corp now owns 8,350 shares of the company’s stock valued at $369,000 after purchasing an additional 363 shares in the last quarter.

Schwab U.S. Aggregate Bond ETF Stock Up 0.5 %

SCHZ traded up $0.22 during trading on Friday, hitting $45.15. 501,857 shares of the stock traded hands, compared to its average volume of 872,639. Schwab U.S. Aggregate Bond ETF has a twelve month low of $43.05 and a twelve month high of $47.26. The business has a 50 day moving average price of $45.44 and a 200 day moving average price of $45.44.

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.