MLG Wealth Management DBA Pine Grove Financial Group Acquires 38,892 Shares of Schwab U.S. Aggregate Bond ETF $SCHZ

MLG Wealth Management DBA Pine Grove Financial Group grew its holdings in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 5.0% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 822,511 shares of the company’s stock after acquiring an additional 38,892 shares during the period. Schwab U.S. Aggregate Bond ETF accounts for approximately 1.9% of MLG Wealth Management DBA Pine Grove Financial Group’s holdings, making the stock its 14th largest position. MLG Wealth Management DBA Pine Grove Financial Group owned about 0.18% of Schwab U.S. Aggregate Bond ETF worth $19,086,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Newport Capital Group LLC bought a new stake in Schwab U.S. Aggregate Bond ETF in the fourth quarter worth $25,000. Godfrey Financial Associates Inc. bought a new stake in shares of Schwab U.S. Aggregate Bond ETF during the 4th quarter worth about $25,000. LGT Financial Advisors LLC increased its holdings in shares of Schwab U.S. Aggregate Bond ETF by 868.6% during the 3rd quarter. LGT Financial Advisors LLC now owns 1,172 shares of the company’s stock valued at $28,000 after acquiring an additional 1,051 shares during the last quarter. Gilpin Wealth Management LLC acquired a new position in shares of Schwab U.S. Aggregate Bond ETF during the 4th quarter valued at about $28,000. Finally, PNC Financial Services Group Inc. bought a new position in shares of Schwab U.S. Aggregate Bond ETF in the 1st quarter valued at approximately $37,000.

Schwab U.S. Aggregate Bond ETF Stock Performance

SCHZ opened at $22.67 on Tuesday. The business has a 50 day moving average price of $22.84 and a 200 day moving average price of $23.08. Schwab U.S. Aggregate Bond ETF has a twelve month low of $22.60 and a twelve month high of $23.73.

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.