Gradient Capital Advisors LLC Acquires 15,785 Shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

Gradient Capital Advisors LLC raised its holdings in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 85.3% in the fourth quarter, Holdings Channel reports. The institutional investor owned 34,291 shares of the company’s stock after buying an additional 15,785 shares during the quarter. Gradient Capital Advisors LLC’s holdings in Schwab U.S. Aggregate Bond ETF were worth $778,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of the business. Northwest Capital Management Inc boosted its holdings in Schwab U.S. Aggregate Bond ETF by 180.9% in the 3rd quarter. Northwest Capital Management Inc now owns 99,096 shares of the company’s stock valued at $4,709,000 after purchasing an additional 63,814 shares during the period. Sound Income Strategies LLC acquired a new position in shares of Schwab U.S. Aggregate Bond ETF during the third quarter valued at about $35,000. Creative Planning raised its position in shares of Schwab U.S. Aggregate Bond ETF by 2.9% during the third quarter. Creative Planning now owns 197,671 shares of the company’s stock valued at $9,393,000 after buying an additional 5,660 shares during the last quarter. BlueSky Wealth Advisors LLC lifted its stake in shares of Schwab U.S. Aggregate Bond ETF by 5.8% in the third quarter. BlueSky Wealth Advisors LLC now owns 995,941 shares of the company’s stock valued at $47,327,000 after buying an additional 54,495 shares during the period. Finally, Zhang Financial LLC grew its position in Schwab U.S. Aggregate Bond ETF by 11.1% during the third quarter. Zhang Financial LLC now owns 19,503 shares of the company’s stock worth $927,000 after buying an additional 1,954 shares in the last quarter.

Schwab U.S. Aggregate Bond ETF Stock Performance

Shares of SCHZ opened at $22.78 on Wednesday. The stock’s 50-day moving average price is $22.81 and its 200 day moving average price is $23.19. Schwab U.S. Aggregate Bond ETF has a 12-month low of $22.26 and a 12-month high of $24.15.

About Schwab U.S. Aggregate Bond ETF

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.