Clay Northam Wealth Management LLC Cuts Stock Position in Schwab U.S. Aggregate Bond ETF $SCHZ

Clay Northam Wealth Management LLC cut its holdings in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 14.0% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 242,146 shares of the company’s stock after selling 39,474 shares during the period. Schwab U.S. Aggregate Bond ETF comprises approximately 3.1% of Clay Northam Wealth Management LLC’s holdings, making the stock its 10th largest holding. Clay Northam Wealth Management LLC’s holdings in Schwab U.S. Aggregate Bond ETF were worth $5,659,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Retirement Guys Formula LLC lifted its position in Schwab U.S. Aggregate Bond ETF by 2.2% during the 4th quarter. Retirement Guys Formula LLC now owns 19,798 shares of the company’s stock worth $463,000 after buying an additional 432 shares in the last quarter. Maripau Wealth Management LLC lifted its position in Schwab U.S. Aggregate Bond ETF by 1.2% during the 3rd quarter. Maripau Wealth Management LLC now owns 37,722 shares of the company’s stock worth $885,000 after buying an additional 455 shares in the last quarter. Aptus Capital Advisors LLC lifted its position in Schwab U.S. Aggregate Bond ETF by 4.5% during the 3rd quarter. Aptus Capital Advisors LLC now owns 10,671 shares of the company’s stock worth $250,000 after buying an additional 456 shares in the last quarter. M1 Capital Management LLC lifted its position in Schwab U.S. Aggregate Bond ETF by 0.4% during the 4th quarter. M1 Capital Management LLC now owns 102,858 shares of the company’s stock worth $2,404,000 after buying an additional 459 shares in the last quarter. Finally, CoreCap Advisors LLC lifted its position in Schwab U.S. Aggregate Bond ETF by 11.2% during the 4th quarter. CoreCap Advisors LLC now owns 4,700 shares of the company’s stock worth $110,000 after buying an additional 473 shares in the last quarter.

Schwab U.S. Aggregate Bond ETF Price Performance

Shares of NYSEARCA:SCHZ opened at $23.06 on Thursday. The company’s 50-day moving average price is $23.13 and its two-hundred day moving average price is $23.31. Schwab U.S. Aggregate Bond ETF has a one year low of $22.77 and a one year high of $23.73.

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.