Wealth Enhancement Advisory Services LLC Acquires 476,622 Shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

Wealth Enhancement Advisory Services LLC raised its holdings in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 25.1% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,379,148 shares of the company’s stock after purchasing an additional 476,622 shares during the quarter. Schwab U.S. Aggregate Bond ETF accounts for approximately 5.6% of Wealth Enhancement Advisory Services LLC’s investment portfolio, making the stock its 5th biggest position. Wealth Enhancement Advisory Services LLC’s holdings in Schwab U.S. Aggregate Bond ETF were worth $125,976,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Lenox Wealth Management Inc. acquired a new stake in shares of Schwab U.S. Aggregate Bond ETF during the 1st quarter valued at $27,000. Cedar Wealth Management LLC acquired a new stake in shares of Schwab U.S. Aggregate Bond ETF during the 1st quarter valued at $42,000. CWM LLC acquired a new stake in shares of Schwab U.S. Aggregate Bond ETF during the 2nd quarter valued at $42,000. Versant Capital Management Inc boosted its holdings in shares of Schwab U.S. Aggregate Bond ETF by 104.3% during the 1st quarter. Versant Capital Management Inc now owns 901 shares of the company’s stock valued at $46,000 after acquiring an additional 460 shares in the last quarter. Finally, First National Corp MA ADV boosted its holdings in shares of Schwab U.S. Aggregate Bond ETF by 6.6% during the 1st quarter. First National Corp MA ADV now owns 14,449 shares of the company’s stock valued at $58,000 after acquiring an additional 900 shares in the last quarter.

Shares of NYSEARCA SCHZ traded up $0.16 during mid-day trading on Thursday, hitting $54.06. 3,250 shares of the stock traded hands, compared to its average volume of 610,668. Schwab U.S. Aggregate Bond ETF has a twelve month low of $49.47 and a twelve month high of $53.94. The firm’s 50 day simple moving average is $53.07.

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

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