Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) Sets New 1-Year Low – Here’s What Happened

Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZGet Free Report) shares hit a new 52-week low on Friday . The company traded as low as $22.73 and last traded at $22.74, with a volume of 517075 shares trading hands. The stock had previously closed at $22.83.

Schwab U.S. Aggregate Bond ETF Stock Down 0.4%

The business’s fifty day moving average is $23.01 and its 200-day moving average is $23.21.

Hedge Funds Weigh In On Schwab U.S. Aggregate Bond ETF

Hedge funds have recently modified their holdings of the company. Newport Capital Group LLC bought a new stake in Schwab U.S. Aggregate Bond ETF during the fourth quarter valued at about $25,000. Godfrey Financial Associates Inc. bought a new position in shares of Schwab U.S. Aggregate Bond ETF during the fourth quarter valued at approximately $25,000. LGT Financial Advisors LLC boosted its position in Schwab U.S. Aggregate Bond ETF by 868.6% in the 3rd quarter. LGT Financial Advisors LLC now owns 1,172 shares of the company’s stock valued at $28,000 after buying an additional 1,051 shares during the period. Gilpin Wealth Management LLC bought a new stake in Schwab U.S. Aggregate Bond ETF during the 4th quarter valued at $28,000. Finally, PNC Financial Services Group Inc. bought a new position in Schwab U.S. Aggregate Bond ETF during the 1st quarter worth about $37,000.

About Schwab U.S. Aggregate Bond ETF

(Get Free Report)

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.

Further Reading

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