WealthPoint Financial LLC Invests $2.72 Million in Schwab U.S. Aggregate Bond ETF $SCHZ

WealthPoint Financial LLC acquired a new stake in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZFree Report) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 116,565 shares of the company’s stock, valued at approximately $2,724,000. Schwab U.S. Aggregate Bond ETF accounts for 2.4% of WealthPoint Financial LLC’s investment portfolio, making the stock its 8th largest holding.

Several other institutional investors have also recently added to or reduced their stakes in SCHZ. Rossby Financial LCC lifted its position in Schwab U.S. Aggregate Bond ETF by 121.1% during the third quarter. Rossby Financial LCC now owns 1,077 shares of the company’s stock worth $25,000 after buying an additional 590 shares during the period. Newport Capital Group LLC acquired a new stake in Schwab U.S. Aggregate Bond ETF in the 4th quarter worth about $25,000. Godfrey Financial Associates Inc. purchased a new stake in Schwab U.S. Aggregate Bond ETF in the 4th quarter valued at about $25,000. LGT Financial Advisors LLC grew its holdings in Schwab U.S. Aggregate Bond ETF by 868.6% in the 3rd quarter. LGT Financial Advisors LLC now owns 1,172 shares of the company’s stock valued at $28,000 after buying an additional 1,051 shares during the period. Finally, Gilpin Wealth Management LLC purchased a new stake in Schwab U.S. Aggregate Bond ETF in the 4th quarter valued at about $28,000.

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

NYSEARCA SCHZ opened at $23.12 on Friday. Schwab U.S. Aggregate Bond ETF has a 12 month low of $22.77 and a 12 month high of $23.73. The company has a 50-day moving average of $23.13 and a 200-day moving average of $23.30.

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.

Recommended Stories

Want to see what other hedge funds are holding SCHZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZFree Report).

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

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.