281,504 Shares of Schwab U.S. Aggregate Bond ETF $SCHZ Bought by Fingerlakes Wealth Management Inc.

Fingerlakes Wealth Management Inc. bought a new position in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) in the third quarter, Holdings Channel reports. The firm bought 281,504 shares of the company’s stock, valued at approximately $6,221,000. Schwab U.S. Aggregate Bond ETF accounts for 3.4% of Fingerlakes Wealth Management Inc.’s investment portfolio, making the stock its 7th largest position.

A number of other institutional investors have also modified their holdings of SCHZ. Avantax Planning Partners Inc. purchased a new position in Schwab U.S. Aggregate Bond ETF in the third quarter valued at approximately $491,889,000. Vantagepoint Investment Advisers LLC purchased a new stake in Schwab U.S. Aggregate Bond ETF during the third quarter worth approximately $346,999,000. Rockbridge Investment Management LCC grew its stake in Schwab U.S. Aggregate Bond ETF by 8.2% during the first quarter. Rockbridge Investment Management LCC now owns 9,693,597 shares of the company’s stock worth $225,085,000 after buying an additional 735,662 shares during the period. Charles Schwab Trust Co increased its position in shares of Schwab U.S. Aggregate Bond ETF by 2.9% in the second quarter. Charles Schwab Trust Co now owns 6,601,917 shares of the company’s stock worth $152,702,000 after acquiring an additional 186,945 shares in the last quarter. Finally, Commonwealth Equity Services LLC acquired a new stake in shares of Schwab U.S. Aggregate Bond ETF in the third quarter worth $92,958,000.

Schwab U.S. Aggregate Bond ETF Price Performance

Shares of SCHZ stock opened at $22.41 on Wednesday. The company’s fifty day simple moving average is $22.36 and its 200-day simple moving average is $22.94. Schwab U.S. Aggregate Bond ETF has a 52 week low of $21.92 and a 52 week high of $23.73.

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.