Belpointe Asset Management LLC Makes New $1.05 Million Investment in Schwab U.S. Aggregate Bond ETF $SCHZ

Belpointe Asset Management LLC bought a new stake in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 44,886 shares of the company’s stock, valued at approximately $1,053,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SCHZ. Lansing Street Advisors raised its holdings in shares of Schwab U.S. Aggregate Bond ETF by 2.8% in the second quarter. Lansing Street Advisors now owns 16,345 shares of the company’s stock valued at $380,000 after buying an additional 447 shares during the last quarter. Alley Investment Management Company LLC grew its holdings in Schwab U.S. Aggregate Bond ETF by 3.3% in the third quarter. Alley Investment Management Company LLC now owns 15,402 shares of the company’s stock valued at $361,000 after purchasing an additional 485 shares during the last quarter. Zhang Financial LLC grew its stake in Schwab U.S. Aggregate Bond ETF by 0.5% in the 2nd quarter. Zhang Financial LLC now owns 97,380 shares of the company’s stock valued at $2,263,000 after acquiring an additional 512 shares during the last quarter. Avidian Wealth Enterprises LLC increased its stake in shares of Schwab U.S. Aggregate Bond ETF by 0.6% during the 2nd quarter. Avidian Wealth Enterprises LLC now owns 89,656 shares of the company’s stock worth $2,084,000 after purchasing an additional 529 shares in the last quarter. Finally, Stockman Wealth Management Inc. increased its position in Schwab U.S. Aggregate Bond ETF by 0.9% during the third quarter. Stockman Wealth Management Inc. now owns 61,025 shares of the company’s stock worth $1,432,000 after buying an additional 530 shares in the last quarter.

Schwab U.S. Aggregate Bond ETF Stock Performance

Shares of NYSEARCA SCHZ opened at $23.44 on Friday. The firm’s 50 day moving average price is $23.43 and its 200 day moving average price is $23.38. Schwab U.S. Aggregate Bond ETF has a 1 year low of $22.52 and a 1 year 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.