GK Wealth Management LLC Invests $1.20 Million in Schwab U.S. Aggregate Bond ETF $SCHZ

GK Wealth Management LLC acquired a new stake in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZFree Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 51,837 shares of the company’s stock, valued at approximately $1,199,000.

A number of other large investors have also added to or reduced their stakes in SCHZ. Godfrey Financial Associates Inc. acquired a new stake in Schwab U.S. Aggregate Bond ETF during the 4th quarter worth approximately $25,000. Newport Capital Group LLC bought a new position in shares of Schwab U.S. Aggregate Bond ETF during the fourth quarter valued at $25,000. LGT Financial Advisors LLC raised its stake in shares of Schwab U.S. Aggregate Bond ETF by 868.6% during the third quarter. LGT Financial Advisors LLC now owns 1,172 shares of the company’s stock valued at $28,000 after acquiring an additional 1,051 shares during the last quarter. Gilpin Wealth Management LLC acquired a new position in shares of Schwab U.S. Aggregate Bond ETF during the fourth quarter worth $28,000. Finally, PNC Financial Services Group Inc. acquired a new position in shares of Schwab U.S. Aggregate Bond ETF during the first quarter worth $37,000.

Schwab U.S. Aggregate Bond ETF Price Performance

Shares of Schwab U.S. Aggregate Bond ETF stock opened at $22.82 on Wednesday. Schwab U.S. Aggregate Bond ETF has a twelve month low of $22.69 and a twelve month high of $23.73. The company’s fifty day moving average is $23.00 and its 200 day moving average is $23.20.

Schwab U.S. Aggregate Bond ETF Profile

(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

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

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