Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) Shares Bought by Summit Financial Strategies Inc.

Summit Financial Strategies Inc. grew its stake in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 402.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 488,460 shares of the company’s stock after acquiring an additional 391,295 shares during the quarter. Schwab U.S. Aggregate Bond ETF comprises approximately 1.2% of Summit Financial Strategies Inc.’s investment portfolio, making the stock its 17th biggest position. Summit Financial Strategies Inc. owned about 0.29% of Schwab U.S. Aggregate Bond ETF worth $11,088,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of SCHZ. Blue Trust Inc. increased its position in Schwab U.S. Aggregate Bond ETF by 17.0% during the fourth quarter. Blue Trust Inc. now owns 528,044 shares of the company’s stock worth $11,987,000 after purchasing an additional 76,856 shares during the last quarter. Kingswood Wealth Advisors LLC increased its holdings in shares of Schwab U.S. Aggregate Bond ETF by 222.8% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 16,196 shares of the company’s stock worth $368,000 after buying an additional 11,179 shares during the last quarter. Peak Financial Management Inc. raised its position in shares of Schwab U.S. Aggregate Bond ETF by 120.4% during the 4th quarter. Peak Financial Management Inc. now owns 275,948 shares of the company’s stock valued at $6,264,000 after buying an additional 150,728 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its position in shares of Schwab U.S. Aggregate Bond ETF by 86.9% during the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 159,016 shares of the company’s stock valued at $3,610,000 after buying an additional 73,950 shares during the period. Finally, FIDELIS iM LLC lifted its holdings in Schwab U.S. Aggregate Bond ETF by 100.0% in the fourth quarter. FIDELIS iM LLC now owns 37,360 shares of the company’s stock valued at $848,000 after acquiring an additional 18,680 shares during the last quarter.

Schwab U.S. Aggregate Bond ETF Price Performance

SCHZ stock opened at $22.74 on Monday. 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 $22.86 and a two-hundred day moving average of $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.