Envestnet Portfolio Solutions Inc. Sells 31,415 Shares of Schwab U.S. Aggregate Bond ETF $SCHZ

Envestnet Portfolio Solutions Inc. decreased its position in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 26.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 87,710 shares of the company’s stock after selling 31,415 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Schwab U.S. Aggregate Bond ETF were worth $2,059,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in SCHZ. Daymark Wealth Partners LLC grew its holdings in Schwab U.S. Aggregate Bond ETF by 343.5% in the 2nd quarter. Daymark Wealth Partners LLC now owns 1,175,683 shares of the company’s stock valued at $27,323,000 after buying an additional 910,577 shares in the last quarter. Cardinal Point Capital Management ULC boosted its position in shares of Schwab U.S. Aggregate Bond ETF by 6,517.7% in the second quarter. Cardinal Point Capital Management ULC now owns 635,697 shares of the company’s stock valued at $14,774,000 after acquiring an additional 626,091 shares during the period. AlphaStar Capital Management LLC bought a new position in Schwab U.S. Aggregate Bond ETF during the second quarter worth about $13,996,000. Rockbridge Investment Management LCC increased its position in Schwab U.S. Aggregate Bond ETF by 6.9% during the second quarter. Rockbridge Investment Management LCC now owns 7,382,880 shares of the company’s stock worth $171,578,000 after acquiring an additional 477,759 shares during the period. Finally, Duncan Williams Asset Management LLC acquired a new stake in Schwab U.S. Aggregate Bond ETF in the 2nd quarter worth about $10,799,000.

Schwab U.S. Aggregate Bond ETF Stock Performance

Shares of NYSEARCA:SCHZ opened at $23.46 on Tuesday. The company’s 50 day moving average price is $23.43 and its two-hundred day moving average price is $23.38. Schwab U.S. Aggregate Bond ETF has a 12-month low of $22.52 and a 12-month high of $23.71.

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.