Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) Shares Sold by Chesapeake Wealth Management

Chesapeake Wealth Management cut its stake in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 6.6% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 69,873 shares of the company’s stock after selling 4,935 shares during the period. Schwab U.S. Aggregate Bond ETF comprises about 1.2% of Chesapeake Wealth Management’s holdings, making the stock its 24th biggest holding. Chesapeake Wealth Management’s holdings in Schwab U.S. Aggregate Bond ETF were worth $3,185,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Goldman Sachs Group Inc. lifted its holdings in Schwab U.S. Aggregate Bond ETF by 34.3% in the 4th quarter. Goldman Sachs Group Inc. now owns 2,507,416 shares of the company’s stock valued at $116,896,000 after purchasing an additional 640,151 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in Schwab U.S. Aggregate Bond ETF by 20.2% in the 4th quarter. Envestnet Asset Management Inc. now owns 2,351,503 shares of the company’s stock valued at $109,627,000 after acquiring an additional 395,113 shares during the last quarter. McAdam LLC boosted its holdings in shares of Schwab U.S. Aggregate Bond ETF by 4.9% during the 2nd quarter. McAdam LLC now owns 1,707,663 shares of the company’s stock worth $77,835,000 after purchasing an additional 80,462 shares during the last quarter. Charles Schwab Trust Co increased its holdings in shares of Schwab U.S. Aggregate Bond ETF by 20.6% in the first quarter. Charles Schwab Trust Co now owns 1,409,246 shares of the company’s stock valued at $64,825,000 after purchasing an additional 240,936 shares during the last quarter. Finally, Total Wealth Planning LLC boosted its stake in Schwab U.S. Aggregate Bond ETF by 17.1% during the first quarter. Total Wealth Planning LLC now owns 1,145,355 shares of the company’s stock worth $52,686,000 after buying an additional 166,999 shares during the last quarter.

Schwab U.S. Aggregate Bond ETF Stock Performance

Shares of NYSEARCA:SCHZ opened at $47.65 on Friday. Schwab U.S. Aggregate Bond ETF has a 52-week low of $43.05 and a 52-week high of $48.30. The business has a fifty day moving average of $46.94 and a two-hundred day moving average of $45.99.

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.