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Gradient Capital Advisors LLC Lowers Holdings in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

Financial News Live ·  Apr 24, 2023 15:35

Gradient Capital Advisors LLC reduced its position in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ – Get Rating) by 1.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,186 shares of the company's stock after selling 390 shares during the period. Gradient Capital Advisors LLC's holdings in Schwab U.S. Aggregate Bond ETF were worth $1,013,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. SRS Capital Advisors Inc. bought a new position in Schwab U.S. Aggregate Bond ETF in the 3rd quarter worth about $40,000. EWG Elevate Inc. purchased a new position in shares of Schwab U.S. Aggregate Bond ETF during the fourth quarter worth about $53,000. US Bancorp DE increased its position in shares of Schwab U.S. Aggregate Bond ETF by 23.9% in the first quarter. US Bancorp DE now owns 1,555 shares of the company's stock worth $79,000 after purchasing an additional 300 shares during the last quarter. Clearstead Advisors LLC increased its position in shares of Schwab U.S. Aggregate Bond ETF by 39.3% in the third quarter. Clearstead Advisors LLC now owns 1,944 shares of the company's stock worth $88,000 after purchasing an additional 548 shares during the last quarter. Finally, WFA of San Diego LLC bought a new stake in Schwab U.S. Aggregate Bond ETF during the fourth quarter valued at approximately $104,000.

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Schwab U.S. Aggregate Bond ETF Price Performance

SCHZ stock traded up $0.16 during midday trading on Monday, reaching $46.84. The company had a trading volume of 205,737 shares, compared to its average volume of 976,322. The firm has a 50-day moving average price of $46.44 and a 200-day moving average price of $46.14. Schwab U.S. Aggregate Bond ETF has a 1 year low of $43.86 and a 1 year high of $49.17.

Schwab U.S. Aggregate Bond ETF Profile

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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.

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