New Wave Wealth Advisors LLC Makes New $2.94 Million Investment in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

New Wave Wealth Advisors LLC bought a new stake in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZFree Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 64,513 shares of the company’s stock, valued at approximately $2,941,000. Schwab U.S. Aggregate Bond ETF comprises about 1.6% of New Wave Wealth Advisors LLC’s investment portfolio, making the stock its 19th biggest holding.

A number of other hedge funds also recently made changes to their positions in SCHZ. BlueSky Wealth Advisors LLC bought a new position in Schwab U.S. Aggregate Bond ETF during the second quarter worth about $42,911,000. Goldman Sachs Group Inc. grew its stake 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 buying an additional 640,151 shares in the last quarter. TruNorth Capital Management LLC bought a new stake in Schwab U.S. Aggregate Bond ETF during the 1st quarter valued at $26,720,000. Peninsula Wealth LLC purchased a new stake in shares of Schwab U.S. Aggregate Bond ETF during the first quarter worth $23,817,000. Finally, FLC Capital Advisors bought a new position in shares of Schwab U.S. Aggregate Bond ETF in the second quarter worth $22,916,000.

Schwab U.S. Aggregate Bond ETF Trading Down 0.2 %

Shares of NYSEARCA SCHZ opened at $47.52 on Tuesday. The stock has a fifty day moving average of $47.11 and a 200-day moving average of $46.06. Schwab U.S. Aggregate Bond ETF has a fifty-two week low of $43.05 and a fifty-two week high of $48.30.

Schwab U.S. Aggregate Bond ETF Company Profile

(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.

See Also

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Institutional Ownership by Quarter for Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

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