Towercrest Capital Management Sells 670,384 Shares of Schwab U.S. Aggregate Bond ETF $SCHZ

Towercrest Capital Management cut its stake in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 37.3% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,127,131 shares of the company’s stock after selling 670,384 shares during the period. Schwab U.S. Aggregate Bond ETF accounts for approximately 3.7% of Towercrest Capital Management’s holdings, making the stock its 8th biggest holding. Towercrest Capital Management owned approximately 0.23% of Schwab U.S. Aggregate Bond ETF worth $26,321,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. PNC Financial Services Group Inc. acquired a new position in Schwab U.S. Aggregate Bond ETF in the first quarter valued at $37,000. Sachetta LLC increased its stake in Schwab U.S. Aggregate Bond ETF by 447.6% during the first quarter. Sachetta LLC now owns 1,818 shares of the company’s stock worth $42,000 after acquiring an additional 1,486 shares during the last quarter. SouthState Bank Corp increased its stake in Schwab U.S. Aggregate Bond ETF by 539.3% during the first quarter. SouthState Bank Corp now owns 2,212 shares of the company’s stock worth $51,000 after acquiring an additional 1,866 shares during the last quarter. Versant Capital Management Inc acquired a new stake in Schwab U.S. Aggregate Bond ETF during the third quarter worth about $49,000. Finally, Richards Merrill & Peterson Inc. purchased a new position in shares of Schwab U.S. Aggregate Bond ETF in the 3rd quarter worth about $55,000.

Schwab U.S. Aggregate Bond ETF Stock Performance

Shares of Schwab U.S. Aggregate Bond ETF stock traded down $0.04 during trading hours on Friday, reaching $22.42. The stock had a trading volume of 1,613,924 shares, compared to its average volume of 2,284,856. The firm has a 50 day simple moving average of $22.43 and a two-hundred day simple moving average of $22.83. Schwab U.S. Aggregate Bond ETF has a 1 year low of $21.92 and a 1 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.