Grove Street Fiduciary LLC Makes New Investment in Schwab U.S. Aggregate Bond ETF $SCHZ

Grove Street Fiduciary LLC bought a new position in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) in the third quarter, HoldingsChannel reports. The firm bought 451,322 shares of the company’s stock, valued at approximately $9,974,000. Schwab U.S. Aggregate Bond ETF comprises about 4.6% of Grove Street Fiduciary LLC’s holdings, making the stock its 8th biggest holding.

Other institutional investors have also recently added to or reduced their stakes in the company. Rockbridge Investment Management LCC grew its stake in Schwab U.S. Aggregate Bond ETF by 8.2% in the 1st quarter. Rockbridge Investment Management LCC now owns 9,693,597 shares of the company’s stock worth $225,085,000 after acquiring an additional 735,662 shares during the period. Avantax Planning Partners Inc. increased its position in Schwab U.S. Aggregate Bond ETF by 3.5% during the 1st quarter. Avantax Planning Partners Inc. now owns 7,710,661 shares of the company’s stock worth $179,042,000 after purchasing an additional 263,321 shares in the last quarter. Charles Schwab Trust Co lifted its position in Schwab U.S. Aggregate Bond ETF by 2.9% during the second quarter. Charles Schwab Trust Co now owns 6,601,917 shares of the company’s stock valued at $152,702,000 after buying an additional 186,945 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in shares of Schwab U.S. Aggregate Bond ETF by 5.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,483,103 shares of the company’s stock valued at $80,564,000 after acquiring an additional 188,635 shares during the period. Finally, Oarsman Capital Inc. lifted its stake in shares of Schwab U.S. Aggregate Bond ETF by 2,413.9% during the second quarter. Oarsman Capital Inc. now owns 3,355,112 shares of the company’s stock worth $77,604,000 after purchasing an additional 3,221,648 shares in the last quarter.

Schwab U.S. Aggregate Bond ETF Stock Performance

Schwab U.S. Aggregate Bond ETF stock traded up $0.00 during midday trading on Tuesday, hitting $22.13. 1,301,370 shares of the company were exchanged, compared to its average volume of 2,271,052. Schwab U.S. Aggregate Bond ETF has a fifty-two week low of $21.92 and a fifty-two week high of $23.73. The company’s fifty day moving average price is $22.52 and its 200-day moving average price is $22.88.

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.