Schwab U.S. Aggregate Bond ETF $SCHZ Shares Sold by Summit Financial Strategies Inc.

Summit Financial Strategies Inc. decreased its position in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 15.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 279,261 shares of the company’s stock after selling 49,407 shares during the period. Schwab U.S. Aggregate Bond ETF accounts for about 0.5% of Summit Financial Strategies Inc.’s investment portfolio, making the stock its 22nd largest holding. Summit Financial Strategies Inc. owned 0.06% of Schwab U.S. Aggregate Bond ETF worth $6,459,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. HORAN Wealth LLC increased its position in shares of Schwab U.S. Aggregate Bond ETF by 4.0% during the 2nd quarter. HORAN Wealth LLC now owns 11,523 shares of the company’s stock valued at $267,000 after purchasing an additional 447 shares during the period. M1 Capital Management LLC lifted its holdings in shares of Schwab U.S. Aggregate Bond ETF by 0.4% in the fourth quarter. M1 Capital Management LLC now owns 102,858 shares of the company’s stock valued at $2,404,000 after buying an additional 459 shares during the period. Note Advisors LLC lifted its holdings in shares of Schwab U.S. Aggregate Bond ETF by 3.2% in the fourth quarter. Note Advisors LLC now owns 15,122 shares of the company’s stock valued at $354,000 after buying an additional 475 shares during the period. Parallel Advisors LLC boosted its stake in Schwab U.S. Aggregate Bond ETF by 2.4% during the fourth quarter. Parallel Advisors LLC now owns 20,470 shares of the company’s stock valued at $478,000 after buying an additional 479 shares in the last quarter. Finally, World Investment Advisors boosted its stake in Schwab U.S. Aggregate Bond ETF by 4.8% during the fourth quarter. World Investment Advisors now owns 12,158 shares of the company’s stock valued at $284,000 after buying an additional 562 shares in the last quarter.

Schwab U.S. Aggregate Bond ETF Trading Down 0.1%

Shares of Schwab U.S. Aggregate Bond ETF stock opened at $22.64 on Wednesday. Schwab U.S. Aggregate Bond ETF has a 52 week low of $22.60 and a 52 week high of $23.73. The company’s 50-day moving average price is $22.83 and its two-hundred day moving average price is $23.08.

Schwab U.S. Aggregate Bond ETF Company 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.