BCS Wealth Management Trims Stock Position in Schwab U.S. Aggregate Bond ETF $SCHZ

BCS Wealth Management cut its holdings in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 48.2% during the 1st quarter, Holdings Channel reports. The fund owned 58,405 shares of the company’s stock after selling 54,257 shares during the period. BCS Wealth Management’s holdings in Schwab U.S. Aggregate Bond ETF were worth $1,356,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Phil A. Younker & Associates Ltd. boosted its stake in Schwab U.S. Aggregate Bond ETF by 6.9% in the 1st quarter. Phil A. Younker & Associates Ltd. now owns 1,570,095 shares of the company’s stock worth $36,458,000 after purchasing an additional 101,962 shares during the period. HHM Wealth Advisors LLC grew its stake in shares of Schwab U.S. Aggregate Bond ETF by 3.8% in the 1st quarter. HHM Wealth Advisors LLC now owns 63,828 shares of the company’s stock worth $1,482,000 after buying an additional 2,338 shares in the last quarter. Trinity Wealth Management LLC bought a new stake in Schwab U.S. Aggregate Bond ETF during the first quarter worth approximately $205,000. Bell Investment Advisors Inc bought a new position in shares of Schwab U.S. Aggregate Bond ETF during the 1st quarter valued at approximately $110,000. Finally, Brookstone Capital Management raised its stake in shares of Schwab U.S. Aggregate Bond ETF by 3.6% in the first quarter. Brookstone Capital Management now owns 206,069 shares of the company’s stock valued at $4,785,000 after acquiring an additional 7,188 shares during the period.

Schwab U.S. Aggregate Bond ETF Stock Performance

SCHZ opened at $23.08 on Wednesday. Schwab U.S. Aggregate Bond ETF has a 52-week low of $22.77 and a 52-week high of $23.73. The business has a fifty day moving average of $23.12 and a 200 day moving average of $23.29.

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.