Rialto Wealth Management LLC Sells 2,142 Shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

Rialto Wealth Management LLC decreased its holdings in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 1.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 149,041 shares of the company’s stock after selling 2,142 shares during the period. Schwab U.S. Aggregate Bond ETF comprises 1.1% of Rialto Wealth Management LLC’s portfolio, making the stock its 23rd biggest holding. Rialto Wealth Management LLC’s holdings in Schwab U.S. Aggregate Bond ETF were worth $3,452,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Archer Investment Corp lifted its stake in Schwab U.S. Aggregate Bond ETF by 100.5% during the fourth quarter. Archer Investment Corp now owns 1,103 shares of the company’s stock worth $25,000 after purchasing an additional 553 shares during the period. Thompson Investment Management Inc. lifted its stake in Schwab U.S. Aggregate Bond ETF by 2,001.8% during the fourth quarter. Thompson Investment Management Inc. now owns 1,198 shares of the company’s stock worth $27,000 after purchasing an additional 1,141 shares during the period. Blair William & Co. IL lifted its stake in Schwab U.S. Aggregate Bond ETF by 124.4% during the fourth quarter. Blair William & Co. IL now owns 1,214 shares of the company’s stock worth $28,000 after purchasing an additional 673 shares during the period. Tucker Asset Management LLC lifted its stake in Schwab U.S. Aggregate Bond ETF by 4,529.6% during the fourth quarter. Tucker Asset Management LLC now owns 1,250 shares of the company’s stock worth $28,000 after purchasing an additional 1,223 shares during the period. Finally, Key Financial Inc bought a new position in Schwab U.S. Aggregate Bond ETF during the fourth quarter worth about $32,000.

Schwab U.S. Aggregate Bond ETF Stock Performance

Shares of SCHZ opened at $22.81 on Tuesday. The company has a 50-day moving average price of $22.94 and a two-hundred day moving average price of $22.92. Schwab U.S. Aggregate Bond ETF has a 12 month low of $22.43 and a 12 month high of $24.15.

Schwab U.S. Aggregate Bond ETF 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.