Park Edge Advisors LLC Trims Stake in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

Park Edge Advisors LLC decreased its stake in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 8.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,497 shares of the company’s stock after selling 1,163 shares during the quarter. Park Edge Advisors LLC’s holdings in Schwab U.S. Aggregate Bond ETF were worth $575,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Beaird Harris Wealth Management LLC purchased a new stake in Schwab U.S. Aggregate Bond ETF in the third quarter worth about $25,000. Financial Management Professionals Inc. grew its position in shares of Schwab U.S. Aggregate Bond ETF by 275.1% during the fourth quarter. Financial Management Professionals Inc. now owns 784 shares of the company’s stock worth $37,000 after purchasing an additional 575 shares in the last quarter. ICA Group Wealth Management LLC purchased a new stake in shares of Schwab U.S. Aggregate Bond ETF during the fourth quarter worth about $53,000. Principal Securities Inc. purchased a new stake in shares of Schwab U.S. Aggregate Bond ETF during the fourth quarter worth about $57,000. Finally, Sound Income Strategies LLC purchased a new stake in shares of Schwab U.S. Aggregate Bond ETF during the fourth quarter worth about $59,000.

Schwab U.S. Aggregate Bond ETF Stock Performance

Shares of NYSEARCA:SCHZ traded up $0.27 during trading on Thursday, hitting $45.59. 225,932 shares of the company’s stock were exchanged, compared to its average volume of 757,792. Schwab U.S. Aggregate Bond ETF has a 52-week low of $43.05 and a 52-week high of $47.00. The business’s 50-day simple moving average is $45.42 and its 200 day simple moving average is $45.72.

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.