Zhang Financial LLC Lowers Holdings in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

Zhang Financial LLC trimmed its holdings in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 39.2% in the 4th quarter, HoldingsChannel reports. The fund owned 19,222 shares of the company’s stock after selling 12,380 shares during the quarter. Zhang Financial LLC’s holdings in Schwab U.S. Aggregate Bond ETF were worth $896,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Sightline Wealth Advisors LLC boosted its position in shares of Schwab U.S. Aggregate Bond ETF by 100.8% during the third quarter. Sightline Wealth Advisors LLC now owns 29,852 shares of the company’s stock worth $1,320,000 after buying an additional 14,986 shares during the period. Mendel Capital Management LLC boosted its position in shares of Schwab U.S. Aggregate Bond ETF by 5.8% during the fourth quarter. Mendel Capital Management LLC now owns 32,310 shares of the company’s stock worth $1,506,000 after buying an additional 1,760 shares during the period. Econ Financial Services Corp boosted its position in shares of Schwab U.S. Aggregate Bond ETF by 152.8% during the third quarter. Econ Financial Services Corp now owns 44,265 shares of the company’s stock worth $1,958,000 after buying an additional 26,758 shares during the period. Fermata Advisors LLC purchased a new position in shares of Schwab U.S. Aggregate Bond ETF during the fourth quarter worth $322,000. Finally, JPMorgan Chase & Co. boosted its position in shares of Schwab U.S. Aggregate Bond ETF by 4,218.2% during the third quarter. JPMorgan Chase & Co. now owns 2,419,519 shares of the company’s stock worth $107,015,000 after buying an additional 2,363,488 shares during the period.

Schwab U.S. Aggregate Bond ETF Stock Performance

SCHZ opened at $44.80 on Friday. Schwab U.S. Aggregate Bond ETF has a 52 week low of $43.05 and a 52 week high of $47.26. The business has a fifty day simple moving average of $45.60 and a 200-day simple moving average of $45.37.

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.