Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) Sees Unusually-High Trading Volume

Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) shares saw an uptick in trading volume on Monday . 1,520,057 shares traded hands during 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 fifty day moving average of $45.40 and a 200-day moving average of $45.72.

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

Hedge funds and other institutional investors have recently bought and sold shares of the company. Tradition Wealth Management LLC raised its holdings in shares of Schwab U.S. Aggregate Bond ETF by 3.8% in the fourth quarter. Tradition Wealth Management LLC now owns 6,010 shares of the company’s stock worth $280,000 after acquiring an additional 219 shares during the last quarter. Cooper Financial Group lifted its holdings in Schwab U.S. Aggregate Bond ETF by 1.6% in the 1st quarter. Cooper Financial Group now owns 15,313 shares of the company’s stock valued at $704,000 after purchasing an additional 234 shares in the last quarter. Lederer & Associates Investment Counsel CA boosted its stake in shares of Schwab U.S. Aggregate Bond ETF by 1.8% during the 1st quarter. Lederer & Associates Investment Counsel CA now owns 14,157 shares of the company’s stock worth $651,000 after purchasing an additional 247 shares during the last quarter. Comerica Bank grew its holdings in shares of Schwab U.S. Aggregate Bond ETF by 5.0% during the first quarter. Comerica Bank now owns 5,265 shares of the company’s stock worth $242,000 after buying an additional 250 shares in the last quarter. Finally, American Capital Advisory LLC lifted its stake in shares of Schwab U.S. Aggregate Bond ETF by 2.6% during the first quarter. American Capital Advisory LLC now owns 10,078 shares of the company’s stock valued at $473,000 after buying an additional 252 shares during the period.

About Schwab U.S. Aggregate Bond ETF

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.