Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) Hits New 52-Week Low – What’s Next?

Shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZGet Free Report) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $22.36 and last traded at $22.3550, with a volume of 331940 shares traded. The stock had previously closed at $22.49.

Schwab U.S. Aggregate Bond ETF Trading Down 0.8%

The business has a 50-day moving average of $22.73 and a two-hundred day moving average of $23.00.

Hedge Funds Weigh In On Schwab U.S. Aggregate Bond ETF

Institutional investors have recently added to or reduced their stakes in the business. Patriot Financial Group Insurance Agency LLC lifted its stake in shares of Schwab U.S. Aggregate Bond ETF by 104.8% in the first quarter. Patriot Financial Group Insurance Agency LLC now owns 285,748 shares of the company’s stock worth $6,635,000 after buying an additional 146,192 shares in the last quarter. Mokosak Advisory Group LLC lifted its holdings in shares of Schwab U.S. Aggregate Bond ETF by 7.3% during the first quarter. Mokosak Advisory Group LLC now owns 1,235,661 shares of the company’s stock valued at $28,692,000 after purchasing an additional 83,583 shares in the last quarter. Destination Wealth Management lifted its holdings in shares of Schwab U.S. Aggregate Bond ETF by 41.1% during the fourth quarter. Destination Wealth Management now owns 1,945,776 shares of the company’s stock valued at $45,473,000 after purchasing an additional 567,128 shares in the last quarter. Amicus Financial Advisors LLC purchased a new stake in shares of Schwab U.S. Aggregate Bond ETF during the fourth quarter valued at $13,423,000. Finally, Downshift Financial LLC purchased a new stake in shares of Schwab U.S. Aggregate Bond ETF during the fourth quarter valued at $1,229,000.

Schwab U.S. Aggregate Bond ETF Company Profile

(Get 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.

Further Reading

Receive News & Ratings for Schwab U.S. Aggregate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab U.S. Aggregate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.