Beacon Financial Advisory LLC Has $1.06 Million Position in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

Beacon Financial Advisory LLC increased its holdings in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 135.6% in the 4th quarter, HoldingsChannel.com reports. The firm owned 46,894 shares of the company’s stock after buying an additional 26,991 shares during the quarter. Beacon Financial Advisory LLC’s holdings in Schwab U.S. Aggregate Bond ETF were worth $1,064,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Western Financial Corp CA grew its holdings in shares of Schwab U.S. Aggregate Bond ETF by 2.1% in the 3rd quarter. Western Financial Corp CA now owns 22,318 shares of the company’s stock worth $1,061,000 after purchasing an additional 454 shares during the last quarter. RDA Financial Network boosted its position in Schwab U.S. Aggregate Bond ETF by 1.7% in the third quarter. RDA Financial Network now owns 28,726 shares of the company’s stock valued at $1,365,000 after buying an additional 475 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake in Schwab U.S. Aggregate Bond ETF by 5.7% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 8,890 shares of the company’s stock worth $423,000 after buying an additional 480 shares during the last quarter. Archer Investment Corp bought a new stake in Schwab U.S. Aggregate Bond ETF during the third quarter worth about $26,000. Finally, Westside Investment Management Inc. increased its holdings in shares of Schwab U.S. Aggregate Bond ETF by 100.0% during the fourth quarter. Westside Investment Management Inc. now owns 1,116 shares of the company’s stock worth $25,000 after buying an additional 558 shares in the last quarter.

Schwab U.S. Aggregate Bond ETF Price Performance

Shares of SCHZ opened at $22.90 on Thursday. Schwab U.S. Aggregate Bond ETF has a one year low of $22.26 and a one year high of $24.15. The business’s 50 day simple moving average is $22.84 and its 200-day simple moving average is $23.19.

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.