Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) Trading 0.1% Higher – Here’s What Happened

Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)’s stock price traded up 0.1% on Thursday . The company traded as high as $23.22 and last traded at $23.17. 777,514 shares traded hands during mid-day trading, a decline of 42% from the average session volume of 1,343,474 shares. The stock had previously closed at $23.14.

Schwab U.S. Aggregate Bond ETF Price Performance

The company has a 50 day simple moving average of $23.59 and a 200-day simple moving average of $23.09.

Institutional Trading of Schwab U.S. Aggregate Bond ETF

Hedge funds have recently added to or reduced their stakes in the business. Hollencrest Capital Management grew its holdings in shares of Schwab U.S. Aggregate Bond ETF by 321.1% in the second quarter. Hollencrest Capital Management now owns 678 shares of the company’s stock worth $31,000 after purchasing an additional 517 shares during the last quarter. Sound Income Strategies LLC purchased a new stake in shares of Schwab U.S. Aggregate Bond ETF during the third quarter worth about $35,000. Godsey & Gibb Inc. purchased a new position in Schwab U.S. Aggregate Bond ETF during the 3rd quarter valued at about $36,000. Bristlecone Advisors LLC purchased a new position in shares of Schwab U.S. Aggregate Bond ETF during the third quarter valued at approximately $56,000. Finally, Glassman Wealth Services bought a new position in shares of Schwab U.S. Aggregate Bond ETF during the second quarter valued at approximately $57,000.

About Schwab U.S. Aggregate Bond ETF

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.