SpringVest Wealth Management LLC Makes New $635,000 Investment in Schwab U.S. Aggregate Bond ETF $SCHZ

SpringVest Wealth Management LLC bought a new position in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 28,721 shares of the company’s stock, valued at approximately $635,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in SCHZ. 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 bought a new position in Schwab U.S. Aggregate Bond ETF during the 3rd quarter worth about $7,681,000. Smithbridge Asset Management Inc. DE bought a new position in Schwab U.S. Aggregate Bond ETF during the 3rd quarter worth about $12,187,000. Kingswood Wealth Advisors LLC bought a new position in Schwab U.S. Aggregate Bond ETF during the 3rd quarter worth about $19,997,000. Finally, Bangor Savings Bank bought a new position in Schwab U.S. Aggregate Bond ETF during the 3rd quarter worth about $1,847,000.

Schwab U.S. Aggregate Bond ETF Price Performance

NYSEARCA SCHZ opened at $22.43 on Thursday. The company’s 50-day simple moving average is $22.41 and its two-hundred day simple moving average is $22.99. 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 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.