Marotta Asset Management Has $6.51 Million Position in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

Marotta Asset Management raised its holdings in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 98.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 286,485 shares of the company’s stock after purchasing an additional 142,119 shares during the quarter. Schwab U.S. Aggregate Bond ETF accounts for approximately 1.4% of Marotta Asset Management’s portfolio, making the stock its 23rd largest position. Marotta Asset Management owned about 0.17% of Schwab U.S. Aggregate Bond ETF worth $6,506,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Archer Investment Corp purchased a new stake in Schwab U.S. Aggregate Bond ETF during the third quarter worth about $26,000. Hollencrest Capital Management increased its stake in shares of Schwab U.S. Aggregate Bond ETF by 321.1% during the 2nd quarter. Hollencrest Capital Management now owns 678 shares of the company’s stock worth $31,000 after purchasing an additional 517 shares during the last quarter. Sound Income Strategies LLC bought a new stake in shares of Schwab U.S. Aggregate Bond ETF in the 3rd quarter worth approximately $35,000. Godsey & Gibb Inc. purchased a new position in Schwab U.S. Aggregate Bond ETF in the third quarter valued at approximately $36,000. Finally, Bristlecone Advisors LLC bought a new position in Schwab U.S. Aggregate Bond ETF during the third quarter valued at $56,000.

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

Shares of NYSEARCA SCHZ traded down $0.06 during trading on Friday, reaching $22.55. 200,439 shares of the stock traded hands, compared to its average volume of 1,031,203. The company has a 50-day moving average of $22.93 and a 200-day moving average of $23.21. Schwab U.S. Aggregate Bond ETF has a 52-week low of $22.26 and a 52-week high of $24.15.

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.