USAdvisors Wealth Management LLC Acquires New Shares in Schwab U.S. Aggregate Bond ETF $SCHZ

USAdvisors Wealth Management LLC acquired a new stake in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 542,928 shares of the company’s stock, valued at approximately $11,999,000. Schwab U.S. Aggregate Bond ETF accounts for 3.5% of USAdvisors Wealth Management LLC’s holdings, making the stock its 4th biggest holding. USAdvisors Wealth Management LLC owned 0.11% of Schwab U.S. Aggregate Bond ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. PNC Financial Services Group Inc. acquired a new stake in shares of Schwab U.S. Aggregate Bond ETF during the 1st quarter valued at $37,000. Sachetta LLC grew its holdings in shares of Schwab U.S. Aggregate Bond ETF by 447.6% during the 1st quarter. Sachetta LLC now owns 1,818 shares of the company’s stock valued at $42,000 after acquiring an additional 1,486 shares in the last quarter. Versant Capital Management Inc purchased a new position in shares of Schwab U.S. Aggregate Bond ETF during the 3rd quarter valued at $49,000. SouthState Bank Corp grew its holdings in shares of Schwab U.S. Aggregate Bond ETF by 539.3% during the 1st quarter. SouthState Bank Corp now owns 2,212 shares of the company’s stock valued at $51,000 after acquiring an additional 1,866 shares in the last quarter. Finally, Richards Merrill & Peterson Inc. acquired a new position in shares of Schwab U.S. Aggregate Bond ETF in the third quarter worth $55,000.

Schwab U.S. Aggregate Bond ETF Price Performance

NYSEARCA SCHZ opened at $22.27 on Thursday. Schwab U.S. Aggregate Bond ETF has a 1-year low of $21.92 and a 1-year high of $23.73. The firm’s fifty day simple moving average is $22.45 and its 200-day simple moving average is $22.84.

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.