Pioneer Wealth Management Group Purchases 249,489 Shares of Schwab U.S. Aggregate Bond ETF $SCHZ

Pioneer Wealth Management Group grew its position in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 12.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,249,290 shares of the company’s stock after buying an additional 249,489 shares during the period. Schwab U.S. Aggregate Bond ETF makes up 12.6% of Pioneer Wealth Management Group’s holdings, making the stock its 3rd biggest position. Pioneer Wealth Management Group owned 0.49% of Schwab U.S. Aggregate Bond ETF worth $52,026,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of SCHZ. Trinity Wealth Management LLC boosted its position in shares of Schwab U.S. Aggregate Bond ETF by 14.7% in the second quarter. Trinity Wealth Management LLC now owns 10,099 shares of the company’s stock valued at $234,000 after acquiring an additional 1,291 shares during the period. Balefire LLC bought a new position in Schwab U.S. Aggregate Bond ETF during the second quarter worth about $1,671,000. GK Wealth Management LLC bought a new position in Schwab U.S. Aggregate Bond ETF during the second quarter worth about $1,199,000. Avior Wealth Management LLC raised its stake in Schwab U.S. Aggregate Bond ETF by 1.4% in the 2nd quarter. Avior Wealth Management LLC now owns 341,085 shares of the company’s stock worth $7,889,000 after purchasing an additional 4,672 shares in the last quarter. Finally, Pacific Excel Wealth Advisors Inc. acquired a new stake in Schwab U.S. Aggregate Bond ETF in the 2nd quarter worth about $7,268,000.

Schwab U.S. Aggregate Bond ETF Price Performance

NYSEARCA SCHZ opened at $22.83 on Thursday. The firm has a 50-day moving average price of $22.99 and a two-hundred day moving average price of $23.19. Schwab U.S. Aggregate Bond ETF has a 12-month low of $22.69 and a 12-month high of $23.73.

Schwab U.S. Aggregate Bond ETF Company 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.