Souders Financial Advisors Cuts Stake in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

Souders Financial Advisors cut its holdings in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 7.8% during the second quarter, Holdings Channel.com reports. The institutional investor owned 5,841 shares of the company’s stock after selling 491 shares during the period. Souders Financial Advisors’ holdings in Schwab U.S. Aggregate Bond ETF were worth $266,000 as of its most recent SEC filing.

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

Schwab U.S. Aggregate Bond ETF Trading Up 0.3 %

NYSEARCA:SCHZ opened at $47.53 on Wednesday. The firm’s fifty day moving average price is $47.14 and its 200 day moving average price is $46.07. Schwab U.S. Aggregate Bond ETF has a 1-year low of $43.05 and a 1-year high of $48.30.

Schwab U.S. Aggregate Bond ETF Company 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.