Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) Shares Sold by LPL Financial LLC

LPL Financial LLC decreased its position in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 3.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 531,858 shares of the company’s stock after selling 18,968 shares during the quarter. LPL Financial LLC owned 0.14% of Schwab U.S. Aggregate Bond ETF worth $12,318,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in SCHZ. Brighton Jones LLC acquired a new stake in Schwab U.S. Aggregate Bond ETF in the fourth quarter valued at approximately $317,000. National Bank of Canada FI raised its holdings in Schwab U.S. Aggregate Bond ETF by 100.0% during the fourth quarter. National Bank of Canada FI now owns 2,650 shares of the company’s stock worth $60,000 after purchasing an additional 1,325 shares in the last quarter. Wells Fargo & Company MN raised its holdings in Schwab U.S. Aggregate Bond ETF by 194.4% during the fourth quarter. Wells Fargo & Company MN now owns 38,040 shares of the company’s stock worth $864,000 after purchasing an additional 25,118 shares in the last quarter. Cerity Partners LLC raised its holdings in Schwab U.S. Aggregate Bond ETF by 240.1% during the fourth quarter. Cerity Partners LLC now owns 607,649 shares of the company’s stock worth $13,794,000 after purchasing an additional 428,968 shares in the last quarter. Finally, Advisory Services Network LLC raised its holdings in Schwab U.S. Aggregate Bond ETF by 118.7% during the fourth quarter. Advisory Services Network LLC now owns 46,053 shares of the company’s stock worth $1,045,000 after purchasing an additional 24,996 shares in the last quarter.

Schwab U.S. Aggregate Bond ETF Price Performance

SCHZ stock opened at $23.21 on Friday. Schwab U.S. Aggregate Bond ETF has a twelve month low of $22.43 and a twelve month high of $24.15. The company’s 50 day moving average is $23.03 and its two-hundred day moving average is $22.98.

About Schwab U.S. Aggregate Bond ETF

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.