Independent Financial Group LLC Invests $2.68 Million in Schwab U.S. Aggregate Bond ETF $SCHZ

Independent Financial Group LLC purchased a new position in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 115,360 shares of the company’s stock, valued at approximately $2,679,000.

Several other institutional investors have also added to or reduced their stakes in the company. Retirement Guys Formula LLC grew its holdings in Schwab U.S. Aggregate Bond ETF by 2.2% in the 4th quarter. Retirement Guys Formula LLC now owns 19,798 shares of the company’s stock valued at $463,000 after buying an additional 432 shares in the last quarter. M1 Capital Management LLC boosted its position 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 acquiring an additional 459 shares during the period. CoreCap Advisors LLC boosted its position in shares of Schwab U.S. Aggregate Bond ETF by 11.2% in the fourth quarter. CoreCap Advisors LLC now owns 4,700 shares of the company’s stock valued at $110,000 after acquiring an additional 473 shares during the period. Note Advisors LLC grew its stake 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 acquiring an additional 475 shares in the last quarter. Finally, Parallel Advisors LLC increased its position 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 worth $478,000 after acquiring an additional 479 shares during the period.

Schwab U.S. Aggregate Bond ETF Stock Up 0.1%

Shares of SCHZ opened at $22.96 on Friday. Schwab U.S. Aggregate Bond ETF has a 12 month low of $22.77 and a 12 month high of $23.73. The firm’s 50 day moving average is $23.04 and its 200-day moving average is $23.25.

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.