Marotta Asset Management Boosts Stock Position in Schwab U.S. Aggregate Bond ETF $SCHZ

Marotta Asset Management lifted its holdings in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 93.2% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 278,954 shares of the company’s stock after purchasing an additional 134,588 shares during the quarter. Schwab U.S. Aggregate Bond ETF accounts for approximately 1.3% of Marotta Asset Management’s investment portfolio, making the stock its 26th largest position. Marotta Asset Management’s holdings in Schwab U.S. Aggregate Bond ETF were worth $6,483,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of SCHZ. New Republic Capital LLC grew its holdings in shares of Schwab U.S. Aggregate Bond ETF by 132.6% in the first quarter. New Republic Capital LLC now owns 4,507 shares of the company’s stock valued at $104,000 after purchasing an additional 2,569 shares in the last quarter. New Millennium Group LLC grew its holdings in shares of Schwab U.S. Aggregate Bond ETF by 201.4% in the first quarter. New Millennium Group LLC now owns 5,001 shares of the company’s stock valued at $116,000 after purchasing an additional 3,342 shares in the last quarter. Colonial Trust Advisors purchased a new position in shares of Schwab U.S. Aggregate Bond ETF in the first quarter valued at $121,000. Wagner Wealth Management LLC lifted its position in Schwab U.S. Aggregate Bond ETF by 16.1% in the first quarter. Wagner Wealth Management LLC now owns 5,276 shares of the company’s stock worth $122,000 after buying an additional 733 shares during the last quarter. Finally, AdvisorNet Financial Inc lifted its position in Schwab U.S. Aggregate Bond ETF by 11.7% in the first quarter. AdvisorNet Financial Inc now owns 5,333 shares of the company’s stock worth $124,000 after buying an additional 559 shares during the last quarter.

Schwab U.S. Aggregate Bond ETF Stock Performance

Shares of SCHZ opened at $23.52 on Friday. The business has a fifty day moving average of $23.18 and a 200 day moving average of $23.06. Schwab U.S. Aggregate Bond ETF has a 52-week low of $22.43 and a 52-week 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.