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

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

Several other institutional investors also recently modified their holdings of SCHZ. Shearwater Capital LLC raised its stake in Schwab U.S. Aggregate Bond ETF by 100.0% during the fourth quarter. Shearwater Capital LLC now owns 41,789 shares of the company’s stock valued at $949,000 after buying an additional 20,893 shares during the last quarter. Range Financial Group LLC purchased a new stake in shares of Schwab U.S. Aggregate Bond ETF in the fourth quarter worth $1,686,000. Ridgeline Wealth LLC bought a new position in shares of Schwab U.S. Aggregate Bond ETF in the fourth quarter worth about $809,000. Dentgroup LLC raised its holdings in shares of Schwab U.S. Aggregate Bond ETF by 100.3% during the 4th quarter. Dentgroup LLC now owns 24,112 shares of the company’s stock worth $547,000 after acquiring an additional 12,073 shares in the last quarter. Finally, Modus Advisors LLC bought a new stake in Schwab U.S. Aggregate Bond ETF during the fourth quarter worth approximately $33,000.

Schwab U.S. Aggregate Bond ETF Price Performance

Shares of NYSEARCA:SCHZ traded down $0.06 during trading on Friday, hitting $22.55. The company had a trading volume of 200,439 shares, compared to its average volume of 1,031,203. The company has a fifty day simple moving average of $22.93 and a two-hundred day simple moving average of $23.21. Schwab U.S. Aggregate Bond ETF has a one year low of $22.26 and a one year 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.