Financial Life Advisors Has $34.84 Million Position in Schwab U.S. Aggregate Bond ETF $SCHZ

Financial Life Advisors boosted its stake in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 1.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,500,574 shares of the company’s stock after buying an additional 22,821 shares during the period. Schwab U.S. Aggregate Bond ETF accounts for about 10.9% of Financial Life Advisors’ investment portfolio, making the stock its 3rd biggest holding. Financial Life Advisors owned approximately 0.35% of Schwab U.S. Aggregate Bond ETF worth $34,843,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Brighton Jones LLC purchased a new stake in shares of Schwab U.S. Aggregate Bond ETF during the 4th quarter worth $317,000. AQR Capital Management LLC grew its stake in Schwab U.S. Aggregate Bond ETF by 15.9% in the first quarter. AQR Capital Management LLC now owns 14,212 shares of the company’s stock valued at $329,000 after purchasing an additional 1,948 shares during the last quarter. Focus Partners Wealth grew its stake in Schwab U.S. Aggregate Bond ETF by 28.9% in the first quarter. Focus Partners Wealth now owns 28,189 shares of the company’s stock valued at $653,000 after purchasing an additional 6,326 shares during the last quarter. Diversify Advisory Services LLC bought a new position in Schwab U.S. Aggregate Bond ETF in the second quarter worth about $3,099,000. Finally, Raymond James Financial Inc. raised its holdings in Schwab U.S. Aggregate Bond ETF by 35.9% in the second quarter. Raymond James Financial Inc. now owns 865,452 shares of the company’s stock worth $20,113,000 after purchasing an additional 228,444 shares in the last quarter.

Schwab U.S. Aggregate Bond ETF Price Performance

SCHZ stock opened at $22.95 on Wednesday. Schwab U.S. Aggregate Bond ETF has a one year low of $22.77 and a one year high of $23.73. The firm has a 50-day simple moving average of $23.08 and a two-hundred day simple moving average of $23.27.

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.