Park Avenue Securities LLC Acquires 3,777,527 Shares of Schwab U.S. Aggregate Bond ETF $SCHZ

Park Avenue Securities LLC acquired a new position in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) in the third quarter, Holdings Channel.com reports. The fund acquired 3,777,527 shares of the company’s stock, valued at approximately $83,483,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SCHZ. Vantagepoint Investment Advisers LLC acquired a new position in Schwab U.S. Aggregate Bond ETF during the 3rd quarter valued at about $346,999,000. Rockbridge Investment Management LCC raised its stake in Schwab U.S. Aggregate Bond ETF by 8.2% in the first quarter. Rockbridge Investment Management LCC now owns 9,693,597 shares of the company’s stock valued at $225,085,000 after buying an additional 735,662 shares during the last quarter. Avantax Planning Partners Inc. raised its stake in Schwab U.S. Aggregate Bond ETF by 3.5% in the first quarter. Avantax Planning Partners Inc. now owns 7,710,661 shares of the company’s stock valued at $179,042,000 after buying an additional 263,321 shares during the last quarter. Charles Schwab Trust Co boosted its holdings in Schwab U.S. Aggregate Bond ETF by 2.9% in the second quarter. Charles Schwab Trust Co now owns 6,601,917 shares of the company’s stock worth $152,702,000 after acquiring an additional 186,945 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its holdings in Schwab U.S. Aggregate Bond ETF by 5.7% in the second quarter. Envestnet Asset Management Inc. now owns 3,483,103 shares of the company’s stock worth $80,564,000 after acquiring an additional 188,635 shares in the last quarter.

Schwab U.S. Aggregate Bond ETF Stock Performance

Shares of SCHZ stock opened at $22.45 on Tuesday. Schwab U.S. Aggregate Bond ETF has a fifty-two week low of $21.92 and a fifty-two week high of $23.73. The stock’s 50-day simple moving average is $22.43 and its 200-day simple moving average is $23.00.

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.