Focused Alpha LLC Makes New Investment in Schwab U.S. Aggregate Bond ETF $SCHZ

Focused Alpha LLC bought a new stake in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 129,280 shares of the company’s stock, valued at approximately $2,857,000.

A number of other institutional investors have also modified their holdings of the stock. ARK & TLK Investments LLC acquired a new position in shares of Schwab U.S. Aggregate Bond ETF in the 3rd quarter valued at about $707,000. Parkway Wealth Management Group LLC purchased a new stake in shares of Schwab U.S. Aggregate Bond ETF in the third quarter worth about $1,892,000. Mayfair Advisory Group LLC acquired a new stake in Schwab U.S. Aggregate Bond ETF during the third quarter worth about $6,259,000. Eagle Wealth Advisors LLC acquired a new stake in Schwab U.S. Aggregate Bond ETF during the third quarter worth about $606,000. Finally, CWA Asset Management Group LLC purchased a new position in Schwab U.S. Aggregate Bond ETF during the third quarter valued at approximately $222,000.

Schwab U.S. Aggregate Bond ETF Trading Down 0.3%

Shares of SCHZ stock opened at $22.23 on Tuesday. Schwab U.S. Aggregate Bond ETF has a twelve month low of $21.92 and a twelve month high of $23.73. The stock has a 50 day moving average of $22.47 and a 200 day moving average of $22.85.

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.