Opes Wealth Management LLC Sells 2,454 Shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

Opes Wealth Management LLC reduced its holdings in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 24.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 7,462 shares of the company’s stock after selling 2,454 shares during the quarter. Opes Wealth Management LLC’s holdings in Schwab U.S. Aggregate Bond ETF were worth $348,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the business. Sightline Wealth Advisors LLC increased its holdings in shares of Schwab U.S. Aggregate Bond ETF by 100.8% during the third quarter. Sightline Wealth Advisors LLC now owns 29,852 shares of the company’s stock valued at $1,320,000 after acquiring an additional 14,986 shares in the last quarter. Mendel Capital Management LLC raised its stake in shares of Schwab U.S. Aggregate Bond ETF by 5.8% during the 4th quarter. Mendel Capital Management LLC now owns 32,310 shares of the company’s stock valued at $1,506,000 after purchasing an additional 1,760 shares during the period. Econ Financial Services Corp increased its stake in Schwab U.S. Aggregate Bond ETF by 152.8% in the 3rd quarter. Econ Financial Services Corp now owns 44,265 shares of the company’s stock worth $1,958,000 after acquiring an additional 26,758 shares during the last quarter. Fermata Advisors LLC bought a new position in Schwab U.S. Aggregate Bond ETF in the 4th quarter worth about $322,000. Finally, JPMorgan Chase & Co. increased its stake in Schwab U.S. Aggregate Bond ETF by 4,218.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,419,519 shares of the company’s stock worth $107,015,000 after acquiring an additional 2,363,488 shares during the last quarter.

Schwab U.S. Aggregate Bond ETF Price Performance

Shares of Schwab U.S. Aggregate Bond ETF stock traded down $0.12 during trading on Thursday, hitting $44.74. 411,450 shares of the stock traded hands, compared to its average volume of 899,702. The firm’s fifty day moving average is $45.64 and its 200-day moving average is $45.36. Schwab U.S. Aggregate Bond ETF has a 52 week low of $43.05 and a 52 week high of $47.26.

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.