Pacific Excel Wealth Advisors Inc. Takes Position in Schwab U.S. Aggregate Bond ETF $SCHZ

Pacific Excel Wealth Advisors Inc. acquired a new position in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) during the 2nd quarter, Holdings Channel.com reports. The firm acquired 314,239 shares of the company’s stock, valued at approximately $7,268,000. Schwab U.S. Aggregate Bond ETF accounts for about 2.8% of Pacific Excel Wealth Advisors Inc.’s investment portfolio, making the stock its 6th largest holding.

Several other hedge funds and other institutional investors have also modified their holdings of SCHZ. Retirement Guys Formula LLC boosted its stake in Schwab U.S. Aggregate Bond ETF by 2.2% in the fourth quarter. Retirement Guys Formula LLC now owns 19,798 shares of the company’s stock valued at $463,000 after acquiring an additional 432 shares during the period. M1 Capital Management LLC grew its position in Schwab U.S. Aggregate Bond ETF by 0.4% in the 4th 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 in the last quarter. Note Advisors LLC increased its stake in shares of Schwab U.S. Aggregate Bond ETF by 3.2% during 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 during the period. Parallel Advisors LLC increased its position in shares of Schwab U.S. Aggregate Bond ETF by 2.4% during the 4th quarter. Parallel Advisors LLC now owns 20,470 shares of the company’s stock valued at $478,000 after purchasing an additional 479 shares during the period. Finally, Apollon Wealth Management LLC grew its holdings in Schwab U.S. Aggregate Bond ETF by 3.2% during the fourth quarter. Apollon Wealth Management LLC now owns 17,577 shares of the company’s stock worth $411,000 after acquiring an additional 552 shares during the period.

Schwab U.S. Aggregate Bond ETF Price Performance

Shares of NYSEARCA SCHZ opened at $22.82 on Wednesday. Schwab U.S. Aggregate Bond ETF has a twelve month low of $22.69 and a twelve month high of $23.73. The firm has a 50-day moving average of $23.00 and a two-hundred day moving average of $23.20.

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.