Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) Sees Unusually-High 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 Up 0.6 %

The stock has a 50-day simple moving average of $45.40 and a two-hundred day simple moving average of $45.72.

Hedge Funds Weigh In On Schwab U.S. Aggregate Bond ETF

A number of hedge funds and other institutional investors have recently modified their holdings of SCHZ. Beaird Harris Wealth Management LLC purchased a new stake in shares of Schwab U.S. Aggregate Bond ETF during the 3rd quarter valued at $25,000. Financial Management Professionals Inc. raised its position in shares of Schwab U.S. Aggregate Bond ETF by 275.1% in 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 last quarter. ICA Group Wealth Management LLC acquired a new stake in Schwab U.S. Aggregate Bond ETF in the 4th quarter worth approximately $53,000. Principal Securities Inc. purchased a new stake in Schwab U.S. Aggregate Bond ETF during the 4th quarter worth approximately $57,000. Finally, Sound Income Strategies LLC acquired a new position in Schwab U.S. Aggregate Bond ETF during the 4th quarter valued at approximately $59,000.

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.