D.B. Root & Company LLC Acquires 218,153 Shares of Schwab U.S. Aggregate Bond ETF $SCHZ

D.B. Root & Company LLC bought a new position in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) in the third quarter, Holdings Channel.com reports. The fund bought 218,153 shares of the company’s stock, valued at approximately $4,821,000. Schwab U.S. Aggregate Bond ETF makes up about 1.0% of D.B. Root & Company LLC’s holdings, making the stock its 21st largest holding.

Several other hedge funds and other institutional investors have also bought and sold shares of SCHZ. Avantax Planning Partners Inc. acquired a new stake in Schwab U.S. Aggregate Bond ETF during the 3rd quarter worth about $491,889,000. Vantagepoint Investment Advisers LLC acquired a new position in shares of Schwab U.S. Aggregate Bond ETF in the 3rd quarter valued at about $346,999,000. Commonwealth Equity Services LLC acquired a new position in shares of Schwab U.S. Aggregate Bond ETF in the 3rd quarter valued at about $92,958,000. Kohmann Bosshard Financial Services LLC bought a new stake in shares of Schwab U.S. Aggregate Bond ETF during the 3rd quarter valued at about $89,687,000. Finally, Charles Schwab Trust Co bought a new stake in shares of Schwab U.S. Aggregate Bond ETF during the 3rd quarter valued at about $85,288,000.

Schwab U.S. Aggregate Bond ETF Stock Down 0.7%

NYSEARCA SCHZ opened at $22.41 on Wednesday. The business has a 50 day simple moving average of $22.36 and a 200 day simple moving average of $22.94. Schwab U.S. Aggregate Bond ETF has a one year low of $21.92 and a one year high of $23.73.

Schwab U.S. Aggregate Bond ETF 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.