MBA Advisors LLC Makes New $7.67 Million Investment in Schwab U.S. Aggregate Bond ETF $SCHZ

MBA Advisors LLC bought a new stake in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) during the third quarter, according to its most recent filing with the SEC. The firm bought 347,050 shares of the company’s stock, valued at approximately $7,670,000. Schwab U.S. Aggregate Bond ETF comprises 2.5% of MBA Advisors LLC’s holdings, making the stock its 13th biggest holding. MBA Advisors LLC owned approximately 0.07% of Schwab U.S. Aggregate Bond ETF at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Barrett & Company Inc. acquired a new position in Schwab U.S. Aggregate Bond ETF during the 3rd quarter worth $26,000. Foresight Capital Management Advisors Inc. bought a new stake in Schwab U.S. Aggregate Bond ETF during the third quarter valued at about $27,000. Salomon & Ludwin LLC bought a new stake in Schwab U.S. Aggregate Bond ETF during the third quarter valued at about $27,000. PNC Financial Services Group Inc. acquired a new stake in shares of Schwab U.S. Aggregate Bond ETF in the first quarter valued at about $37,000. Finally, Hanseatic Management Services Inc. acquired a new stake in shares of Schwab U.S. Aggregate Bond ETF in the third quarter valued at about $38,000.

Schwab U.S. Aggregate Bond ETF Stock Down 0.3%

Shares of NYSEARCA:SCHZ opened at $22.46 on Tuesday. The stock’s 50-day moving average is $22.40 and its 200-day moving average is $22.97. 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 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.