Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) Sees Strong Trading Volume

Shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) saw an uptick in trading volume on Monday . 1,520,057 shares were traded during mid-day trading, an increase of 100% from the previous session’s volume of 760,577 shares.The stock last traded at $45.20 and had previously closed at $45.44.

Schwab U.S. Aggregate Bond ETF Trading Down 0.8 %

The company has a 50-day moving average price of $45.39 and a 200-day moving average price of $45.74.

Institutional Investors Weigh In On Schwab U.S. Aggregate Bond ETF

A number of institutional investors have recently made changes to their positions in SCHZ. Beaird Harris Wealth Management LLC acquired a new position in shares of Schwab U.S. Aggregate Bond ETF in the 3rd quarter valued at about $25,000. Financial Management Professionals Inc. raised its stake in shares of Schwab U.S. Aggregate Bond ETF by 275.1% during the 4th quarter. Financial Management Professionals Inc. now owns 784 shares of the company’s stock valued at $37,000 after purchasing an additional 575 shares during the period. ICA Group Wealth Management LLC bought a new position in shares of Schwab U.S. Aggregate Bond ETF in the fourth quarter valued at approximately $53,000. Principal Securities Inc. bought a new position in Schwab U.S. Aggregate Bond ETF in the 4th quarter worth about $57,000. Finally, Sound Income Strategies LLC bought a new position in shares of Schwab U.S. Aggregate Bond ETF during the 4th quarter valued at $59,000.

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.