Pacific Excel Wealth Advisors Inc. Takes $7.27 Million Position in Schwab U.S. Aggregate Bond ETF $SCHZ

Pacific Excel Wealth Advisors Inc. acquired a new stake in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 314,239 shares of the company’s stock, valued at approximately $7,268,000. Schwab U.S. Aggregate Bond ETF comprises approximately 2.8% of Pacific Excel Wealth Advisors Inc.’s portfolio, making the stock its 6th largest holding. Pacific Excel Wealth Advisors Inc. owned 0.07% of Schwab U.S. Aggregate Bond ETF as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in SCHZ. JPMorgan Chase & Co. boosted its position in Schwab U.S. Aggregate Bond ETF by 3.7% during the fourth quarter. JPMorgan Chase & Co. now owns 12,588,220 shares of the company’s stock worth $294,187,000 after acquiring an additional 451,820 shares during the last quarter. Rockbridge Investment Management LCC grew its position in Schwab U.S. Aggregate Bond ETF by 8.2% during the first quarter. Rockbridge Investment Management LCC now owns 9,693,597 shares of the company’s stock valued at $225,085,000 after acquiring an additional 735,662 shares during the period. Avantax Planning Partners Inc. increased its position in Schwab U.S. Aggregate Bond ETF by 3.5% during the 1st quarter. Avantax Planning Partners Inc. now owns 7,710,661 shares of the company’s stock worth $179,042,000 after purchasing an additional 263,321 shares in the last quarter. Ameriprise Financial Inc. increased its position in shares of Schwab U.S. Aggregate Bond ETF by 1.3% in the second quarter. Ameriprise Financial Inc. now owns 7,450,294 shares of the company’s stock worth $173,387,000 after acquiring an additional 98,660 shares in the last quarter. Finally, Financial Engines Advisors L.L.C. increased its holdings in Schwab U.S. Aggregate Bond ETF by 10.7% in the 3rd quarter. Financial Engines Advisors L.L.C. now owns 5,427,583 shares of the company’s stock valued at $127,385,000 after purchasing an additional 524,573 shares in the last quarter.

Schwab U.S. Aggregate Bond ETF Price Performance

Schwab U.S. Aggregate Bond ETF stock opened at $22.82 on Wednesday. The stock’s 50 day moving average price is $23.00 and its 200 day moving average price is $23.20. Schwab U.S. Aggregate Bond ETF has a one year low of $22.69 and a one year high of $23.73.

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.