Parallel Advisors LLC Makes New Investment in Schwab U.S. Aggregate Bond ETF $SCHZ

Parallel Advisors LLC bought a new stake in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 210,845 shares of the company’s stock, valued at approximately $4,660,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Black Diamond Financial LLC purchased a new stake in Schwab U.S. Aggregate Bond ETF in the third quarter worth about $41,494,000. Leeward Financial Partners LLC purchased a new position in Schwab U.S. Aggregate Bond ETF during the 3rd quarter valued at about $7,681,000. Smithbridge Asset Management Inc. DE purchased a new position in Schwab U.S. Aggregate Bond ETF during the 3rd quarter valued at about $12,187,000. Kingswood Wealth Advisors LLC purchased a new position in Schwab U.S. Aggregate Bond ETF during the 3rd quarter valued at about $19,997,000. Finally, Bangor Savings Bank bought a new stake in shares of Schwab U.S. Aggregate Bond ETF in the 3rd quarter valued at about $1,847,000.

Schwab U.S. Aggregate Bond ETF Stock Performance

NYSEARCA:SCHZ opened at $22.55 on Friday. The firm has a 50-day simple moving average of $22.37 and a 200-day simple moving average of $22.95. Schwab U.S. Aggregate Bond ETF has a one year low of $21.92 and a one year high of $23.73.

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.