Schwab U.S. Aggregate Bond ETF $SCHZ is Towercrest Capital Management’s 6th Largest Position

Towercrest Capital Management boosted its stake in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 3.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,063,942 shares of the company’s stock after purchasing an additional 36,009 shares during the period. Schwab U.S. Aggregate Bond ETF comprises 4.0% of Towercrest Capital Management’s portfolio, making the stock its 6th largest holding. Towercrest Capital Management owned about 0.27% of Schwab U.S. Aggregate Bond ETF worth $24,971,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bernard Wealth Management Corp. purchased a new stake in Schwab U.S. Aggregate Bond ETF during the 3rd quarter valued at $31,000. Evolution Wealth Management Inc. bought a new stake in shares of Schwab U.S. Aggregate Bond ETF in the second quarter worth $73,000. Traub Capital Management LLC bought a new stake in shares of Schwab U.S. Aggregate Bond ETF in the second quarter worth $76,000. WFA of San Diego LLC purchased a new stake in Schwab U.S. Aggregate Bond ETF during the second quarter valued at $83,000. Finally, Assetmark Inc. increased its position in Schwab U.S. Aggregate Bond ETF by 1,210.7% during the second quarter. Assetmark Inc. now owns 3,670 shares of the company’s stock valued at $85,000 after acquiring an additional 3,390 shares during the last quarter.

Schwab U.S. Aggregate Bond ETF Price Performance

Shares of NYSEARCA:SCHZ opened at $23.44 on Monday. The stock’s 50-day simple moving average is $23.43 and its two-hundred day simple moving average is $23.35. Schwab U.S. Aggregate Bond ETF has a 52-week low of $22.43 and a 52-week high of $23.71.

Schwab U.S. Aggregate Bond ETF Company 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.