Smart Money Group LLC Purchases 60,722 Shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

Smart Money Group LLC grew its position in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 41.8% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 206,027 shares of the company’s stock after purchasing an additional 60,722 shares during the quarter. Schwab U.S. Aggregate Bond ETF accounts for 4.2% of Smart Money Group LLC’s portfolio, making the stock its 6th largest position. Smart Money Group LLC owned about 0.06% of Schwab U.S. Aggregate Bond ETF worth $4,772,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the company. Ameriprise Financial Inc. grew its holdings in shares of Schwab U.S. Aggregate Bond ETF by 108.0% in the 4th quarter. Ameriprise Financial Inc. now owns 8,631,799 shares of the company’s stock worth $195,933,000 after acquiring an additional 4,481,369 shares during the last quarter. OneDigital Investment Advisors LLC grew its holdings in shares of Schwab U.S. Aggregate Bond ETF by 156.6% in the 4th quarter. OneDigital Investment Advisors LLC now owns 4,245,657 shares of the company’s stock worth $96,376,000 after acquiring an additional 2,591,040 shares during the last quarter. Total Wealth Planning LLC grew its holdings in shares of Schwab U.S. Aggregate Bond ETF by 5.0% in the 1st quarter. Total Wealth Planning LLC now owns 3,747,793 shares of the company’s stock worth $86,799,000 after acquiring an additional 178,624 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Schwab U.S. Aggregate Bond ETF by 7.4% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 3,691,159 shares of the company’s stock worth $85,487,000 after acquiring an additional 254,568 shares during the last quarter. Finally, Hengehold Capital Management LLC grew its holdings in shares of Schwab U.S. Aggregate Bond ETF by 12.6% in the 1st quarter. Hengehold Capital Management LLC now owns 2,351,550 shares of the company’s stock worth $54,462,000 after acquiring an additional 262,950 shares during the last quarter.

Schwab U.S. Aggregate Bond ETF Trading Down 0.2%

Shares of SCHZ stock opened at $23.16 on Friday. Schwab U.S. Aggregate Bond ETF has a 1-year low of $22.43 and a 1-year high of $24.15. The stock’s fifty day simple moving average is $23.03 and its 200-day simple moving average is $22.98.

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.