Schwab U.S. Aggregate Bond ETF $SCHZ Shares Newly Bought by Valmark Advisers Inc.

Valmark Advisers Inc. acquired a new stake in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 199,846 shares of the company’s stock, valued at approximately $4,417,000.

Other hedge funds have also added to or reduced their stakes in the company. Avantax Planning Partners Inc. bought a new stake in shares of Schwab U.S. Aggregate Bond ETF during the third quarter valued at approximately $491,889,000. Vantagepoint Investment Advisers LLC bought a new position in Schwab U.S. Aggregate Bond ETF in the third quarter worth approximately $346,999,000. Commonwealth Equity Services LLC bought a new position in Schwab U.S. Aggregate Bond ETF in the third quarter worth approximately $92,958,000. Kohmann Bosshard Financial Services LLC bought a new position in Schwab U.S. Aggregate Bond ETF in the third quarter worth approximately $89,687,000. Finally, Charles Schwab Trust Co purchased a new position in Schwab U.S. Aggregate Bond ETF during the 3rd quarter worth $85,288,000.

Schwab U.S. Aggregate Bond ETF Trading Down 0.1%

SCHZ traded down $0.03 during trading on Friday, hitting $22.22. 2,490,209 shares of the stock were exchanged, compared to its average volume of 2,352,241. The firm has a 50 day simple moving average of $22.33 and a 200 day simple moving average of $22.93. Schwab U.S. Aggregate Bond ETF has a 1 year low of $21.92 and a 1 year high of $23.73.

About Schwab U.S. Aggregate Bond ETF

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.