Merkkuri Wealth Advisors LLC Buys 1,883 Shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

Merkkuri Wealth Advisors LLC raised its stake in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 6.1% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 32,747 shares of the company’s stock after acquiring an additional 1,883 shares during the period. Merkkuri Wealth Advisors LLC’s holdings in Schwab U.S. Aggregate Bond ETF were worth $758,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Dynamic Advisor Solutions LLC bought a new position in Schwab U.S. Aggregate Bond ETF during the 1st quarter valued at about $312,000. Stifel Financial Corp lifted its stake in shares of Schwab U.S. Aggregate Bond ETF by 129.1% in the 4th quarter. Stifel Financial Corp now owns 34,385 shares of the company’s stock worth $781,000 after purchasing an additional 19,378 shares during the period. Comerica Bank lifted its stake in shares of Schwab U.S. Aggregate Bond ETF by 727.3% in the 4th quarter. Comerica Bank now owns 15,536 shares of the company’s stock worth $353,000 after purchasing an additional 13,658 shares during the period. Wealth Enhancement Advisory Services LLC lifted its stake 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 purchasing an additional 254,568 shares during the period. Finally, US Bancorp DE lifted its stake in shares of Schwab U.S. Aggregate Bond ETF by 97.0% in the 4th quarter. US Bancorp DE now owns 37,184 shares of the company’s stock worth $844,000 after purchasing an additional 18,309 shares during the period.

Schwab U.S. Aggregate Bond ETF Stock Performance

Shares of NYSEARCA:SCHZ opened at $22.98 on Friday. The firm’s 50 day moving average price is $22.91 and its 200-day moving average price is $22.91. Schwab U.S. Aggregate Bond ETF has a twelve month low of $22.43 and a twelve month high of $24.15.

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.