Fairway Financial LLC Buys New Shares in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

Fairway Financial LLC purchased a new position in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) during the 4th quarter, Holdings Channel.com reports. The fund purchased 249,780 shares of the company’s stock, valued at approximately $5,670,000. Schwab U.S. Aggregate Bond ETF accounts for 5.2% of Fairway Financial LLC’s investment portfolio, making the stock its 10th biggest position.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Charles Schwab Trust Co boosted its stake in shares of Schwab U.S. Aggregate Bond ETF by 103.4% during the 4th quarter. Charles Schwab Trust Co now owns 5,898,795 shares of the company’s stock worth $133,903,000 after acquiring an additional 2,998,174 shares in the last quarter. Total Wealth Planning LLC boosted its stake in shares of Schwab U.S. Aggregate Bond ETF by 113.8% during the 4th quarter. Total Wealth Planning LLC now owns 3,569,169 shares of the company’s stock worth $81,020,000 after acquiring an additional 1,900,153 shares in the last quarter. McAdam LLC boosted its stake in shares of Schwab U.S. Aggregate Bond ETF by 94.4% during the 4th quarter. McAdam LLC now owns 2,768,143 shares of the company’s stock worth $62,837,000 after acquiring an additional 1,344,215 shares in the last quarter. Hengehold Capital Management LLC lifted its stake in Schwab U.S. Aggregate Bond ETF by 109.0% in the 4th quarter. Hengehold Capital Management LLC now owns 2,088,600 shares of the company’s stock valued at $47,411,000 after buying an additional 1,089,385 shares in the last quarter. Finally, BlueSky Wealth Advisors LLC lifted its stake in Schwab U.S. Aggregate Bond ETF by 105.0% in the 4th quarter. BlueSky Wealth Advisors LLC now owns 2,041,533 shares of the company’s stock valued at $46,343,000 after buying an additional 1,045,592 shares in the last quarter.

Schwab U.S. Aggregate Bond ETF Stock Up 0.1 %

Shares of Schwab U.S. Aggregate Bond ETF stock opened at $22.87 on Friday. Schwab U.S. Aggregate Bond ETF has a twelve month low of $22.26 and a twelve month high of $24.15. The firm’s 50-day moving average price is $22.75 and its 200 day moving average price is $23.16.

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.