Oppenheimer & Co. Inc. Makes New $14.92 Million Investment in Schwab U.S. Aggregate Bond ETF $SCHZ

Oppenheimer & Co. Inc. bought a new stake in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) during the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 675,209 shares of the company’s stock, valued at approximately $14,922,000.

Other large investors also recently bought and sold shares of the company. Vantagepoint Investment Advisers LLC purchased a new position in Schwab U.S. Aggregate Bond ETF during the 3rd quarter valued at about $346,999,000. Charles Schwab Trust Co acquired a new position in Schwab U.S. Aggregate Bond ETF during the third quarter worth about $85,288,000. Park Avenue Securities LLC acquired a new position in Schwab U.S. Aggregate Bond ETF during the third quarter worth about $83,483,000. Oarsman Capital Inc. raised its position in Schwab U.S. Aggregate Bond ETF by 2,413.9% during the second quarter. Oarsman Capital Inc. now owns 3,355,112 shares of the company’s stock worth $77,604,000 after acquiring an additional 3,221,648 shares during the last quarter. Finally, Rainey & Randall Wealth Advisors Inc. purchased a new stake in shares of Schwab U.S. Aggregate Bond ETF in the third quarter valued at about $69,206,000.

Schwab U.S. Aggregate Bond ETF Price Performance

Shares of SCHZ opened at $22.45 on Tuesday. The firm has a 50 day simple moving average of $22.43 and a 200-day simple moving average of $23.00. 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.