Towercrest Capital Management Boosts Stock Position in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

Towercrest Capital Management increased its stake in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 1.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 542,867 shares of the company’s stock after buying an additional 9,855 shares during the quarter. Schwab U.S. Aggregate Bond ETF accounts for 4.0% of Towercrest Capital Management’s investment portfolio, making the stock its 7th largest holding. Towercrest Capital Management’s holdings in Schwab U.S. Aggregate Bond ETF were worth $24,744,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also bought and sold shares of the stock. Truist Financial Corp lifted its holdings in Schwab U.S. Aggregate Bond ETF by 2.1% during the 4th quarter. Truist Financial Corp now owns 15,974 shares of the company’s stock worth $745,000 after purchasing an additional 325 shares in the last quarter. Vantage Financial Partners LLC grew its position in shares of Schwab U.S. Aggregate Bond ETF by 5.3% during the 4th quarter. Vantage Financial Partners LLC now owns 205,245 shares of the company’s stock valued at $9,569,000 after purchasing an additional 10,374 shares in the last quarter. Natixis Advisors L.P. increased its holdings in shares of Schwab U.S. Aggregate Bond ETF by 3.5% in the fourth quarter. Natixis Advisors L.P. now owns 25,397 shares of the company’s stock worth $1,184,000 after purchasing an additional 863 shares during the period. National Bank of Canada FI boosted its stake in Schwab U.S. Aggregate Bond ETF by 76.7% during the fourth quarter. National Bank of Canada FI now owns 1,325 shares of the company’s stock valued at $61,000 after buying an additional 575 shares during the period. Finally, Apollon Wealth Management LLC purchased a new position in Schwab U.S. Aggregate Bond ETF during the fourth quarter worth about $279,000.

Schwab U.S. Aggregate Bond ETF Price Performance

NYSEARCA SCHZ traded up $0.05 during trading on Friday, reaching $47.48. The company’s stock had a trading volume of 1,625,636 shares, compared to its average volume of 705,240. The firm has a fifty day moving average of $46.54 and a 200 day moving average of $45.85. Schwab U.S. Aggregate Bond ETF has a one year low of $43.05 and a one year high of $47.67.

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.