Townsend Asset Management Corp NC ADV Purchases 1,325 Shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

Townsend Asset Management Corp NC ADV increased its position in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 102.2% during the 4th quarter, Holdings Channel reports. The firm owned 2,622 shares of the company’s stock after purchasing an additional 1,325 shares during the quarter. Townsend Asset Management Corp NC ADV’s holdings in Schwab U.S. Aggregate Bond ETF were worth $60,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in SCHZ. US Bancorp DE boosted its stake in shares of Schwab U.S. Aggregate Bond ETF by 26.2% in the 3rd quarter. US Bancorp DE now owns 18,875 shares of the company’s stock worth $897,000 after buying an additional 3,913 shares during the last quarter. Maia Wealth LLC lifted its holdings in Schwab U.S. Aggregate Bond ETF by 86.7% during the third quarter. Maia Wealth LLC now owns 99,367 shares of the company’s stock worth $4,722,000 after acquiring an additional 46,152 shares during the period. Concurrent Investment Advisors LLC purchased a new position in Schwab U.S. Aggregate Bond ETF in the third quarter worth $303,000. Rockbridge Investment Management LCC grew its stake in Schwab U.S. Aggregate Bond ETF by 10.2% in the 3rd quarter. Rockbridge Investment Management LCC now owns 2,848,603 shares of the company’s stock valued at $135,366,000 after purchasing an additional 263,472 shares during the period. Finally, Mayflower Financial Advisors LLC increased its position in shares of Schwab U.S. Aggregate Bond ETF by 8.4% during the 3rd quarter. Mayflower Financial Advisors LLC now owns 179,063 shares of the company’s stock valued at $8,509,000 after purchasing an additional 13,939 shares during the last quarter.

Schwab U.S. Aggregate Bond ETF Price Performance

Shares of NYSEARCA:SCHZ opened at $23.10 on Thursday. The company’s 50-day moving average is $22.81 and its 200 day moving average is $23.14. Schwab U.S. Aggregate Bond ETF has a fifty-two week low of $22.26 and a fifty-two week high of $24.15.

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.