Sequoia Financial Advisors LLC Cuts Stake in Schwab U.S. Aggregate Bond ETF $SCHZ

Sequoia Financial Advisors LLC trimmed its position in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 12.7% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 20,815 shares of the company’s stock after selling 3,038 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Schwab U.S. Aggregate Bond ETF were worth $484,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Roundview Capital LLC grew its position in Schwab U.S. Aggregate Bond ETF by 1.3% during the 1st quarter. Roundview Capital LLC now owns 34,306 shares of the company’s stock valued at $795,000 after purchasing an additional 443 shares during the last quarter. Lansing Street Advisors grew its position in Schwab U.S. Aggregate Bond ETF by 2.8% during the 2nd quarter. Lansing Street Advisors now owns 16,345 shares of the company’s stock valued at $380,000 after purchasing an additional 447 shares during the last quarter. Seek First Inc. grew its position in Schwab U.S. Aggregate Bond ETF by 2.0% during the 2nd quarter. Seek First Inc. now owns 23,241 shares of the company’s stock valued at $540,000 after purchasing an additional 458 shares during the last quarter. Modera Wealth Management LLC lifted its stake in Schwab U.S. Aggregate Bond ETF by 0.8% during the 1st quarter. Modera Wealth Management LLC now owns 56,007 shares of the company’s stock valued at $1,297,000 after acquiring an additional 469 shares during the period. Finally, RBA Wealth Management LLC lifted its stake in Schwab U.S. Aggregate Bond ETF by 2.9% during the 2nd quarter. RBA Wealth Management LLC now owns 17,643 shares of the company’s stock valued at $410,000 after acquiring an additional 491 shares during the period.

Schwab U.S. Aggregate Bond ETF Stock Performance

SCHZ opened at $23.66 on Tuesday. The company’s 50-day simple moving average is $23.40 and its two-hundred day simple moving average is $23.12. Schwab U.S. Aggregate Bond ETF has a 52-week low of $22.43 and a 52-week high of $23.67.

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.