Reston Wealth Management LLC Grows Holdings in Schwab U.S. Aggregate Bond ETF $SCHZ

Reston Wealth Management LLC grew its stake in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 13.7% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 329,225 shares of the company’s stock after purchasing an additional 39,701 shares during the quarter. Schwab U.S. Aggregate Bond ETF makes up about 2.5% of Reston Wealth Management LLC’s holdings, making the stock its 9th largest position. Reston Wealth Management LLC owned approximately 0.08% of Schwab U.S. Aggregate Bond ETF worth $7,727,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SCHZ. Bernard Wealth Management Corp. purchased a new stake in shares of Schwab U.S. Aggregate Bond ETF during the 3rd quarter valued at $31,000. Evolution Wealth Management Inc. purchased a new position in shares of Schwab U.S. Aggregate Bond ETF during the 2nd quarter valued at $73,000. Traub Capital Management LLC bought a new position in shares of Schwab U.S. Aggregate Bond ETF during the 2nd quarter worth $76,000. WFA of San Diego LLC purchased a new stake in Schwab U.S. Aggregate Bond ETF in the 2nd quarter worth about $83,000. Finally, Assetmark Inc. increased its holdings in Schwab U.S. Aggregate Bond ETF by 1,210.7% in the 2nd quarter. Assetmark Inc. now owns 3,670 shares of the company’s stock worth $85,000 after acquiring an additional 3,390 shares during the last quarter.

Schwab U.S. Aggregate Bond ETF Stock Down 0.2%

NYSEARCA SCHZ opened at $23.37 on Friday. The firm’s 50-day simple moving average is $23.46 and its two-hundred day simple moving average is $23.33. 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 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.