Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) Reaches New 52-Week High at $47.77

Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $47.77 and last traded at $47.75, with a volume of 52353 shares changing hands. The stock had previously closed at $47.72.

Schwab U.S. Aggregate Bond ETF Price Performance

The stock has a fifty day simple moving average of $46.63 and a 200-day simple moving average of $45.88.

Institutional Trading of Schwab U.S. Aggregate Bond ETF

Several large investors have recently made changes to their positions in the company. Goldman Sachs Group Inc. boosted its position in shares of Schwab U.S. Aggregate Bond ETF by 34.3% during the fourth quarter. Goldman Sachs Group Inc. now owns 2,507,416 shares of the company’s stock worth $116,896,000 after buying an additional 640,151 shares during the period. Envestnet Asset Management Inc. increased its position in Schwab U.S. Aggregate Bond ETF by 20.2% in the 4th quarter. Envestnet Asset Management Inc. now owns 2,351,503 shares of the company’s stock valued at $109,627,000 after acquiring an additional 395,113 shares during the period. McAdam LLC increased its position in Schwab U.S. Aggregate Bond ETF by 4.9% in the 2nd quarter. McAdam LLC now owns 1,707,663 shares of the company’s stock valued at $77,835,000 after acquiring an additional 80,462 shares during the period. Charles Schwab Trust Co increased its position in Schwab U.S. Aggregate Bond ETF by 20.6% during the 1st quarter. Charles Schwab Trust Co now owns 1,409,246 shares of the company’s stock worth $64,825,000 after purchasing an additional 240,936 shares during the period. Finally, Total Wealth Planning LLC increased its position in Schwab U.S. Aggregate Bond ETF by 17.1% during the 1st quarter. Total Wealth Planning LLC now owns 1,145,355 shares of the company’s stock worth $52,686,000 after purchasing an additional 166,999 shares during the period.

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.