Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) Sets New 1-Year Low – Time to Sell?

by · The Markets Daily

Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Wednesday. The stock traded as low as $21.92 and last traded at $21.9850, with a volume of 202168 shares traded. The stock had previously closed at $22.05.

Schwab U.S. Aggregate Bond ETF Trading Up 0.3%

The company has a fifty day simple moving average of $22.55 and a 200 day simple moving average of $22.90.

Hedge Funds Weigh In On Schwab U.S. Aggregate Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Bangor Savings Bank bought a new position in Schwab U.S. Aggregate Bond ETF during the third quarter worth $1,847,000. Patriot Financial Group Insurance Agency LLC increased its stake in Schwab U.S. Aggregate Bond ETF by 104.8% in the first quarter. Patriot Financial Group Insurance Agency LLC now owns 285,748 shares of the company’s stock valued at $6,635,000 after purchasing an additional 146,192 shares in the last quarter. Ameritas Advisory Services LLC bought a new stake in Schwab U.S. Aggregate Bond ETF in the second quarter valued at $1,393,000. January Capital Advisors LLC raised its holdings in shares of Schwab U.S. Aggregate Bond ETF by 734.2% during the second quarter. January Capital Advisors LLC now owns 341,513 shares of the company’s stock valued at $7,899,000 after purchasing an additional 300,572 shares during the period. Finally, Mokosak Advisory Group LLC raised its holdings in shares of Schwab U.S. Aggregate Bond ETF by 7.3% during the first quarter. Mokosak Advisory Group LLC now owns 1,235,661 shares of the company’s stock valued at $28,692,000 after purchasing an additional 83,583 shares during the period.

About Schwab U.S. Aggregate Bond ETF

(Get Free Report)

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.

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