Sterling Investment Management LLC Increases Position in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

Sterling Investment Management LLC grew its holdings in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 113.2% during the fourth quarter, HoldingsChannel reports. The firm owned 63,155 shares of the company’s stock after acquiring an additional 33,538 shares during the period. Sterling Investment Management LLC’s holdings in Schwab U.S. Aggregate Bond ETF were worth $1,434,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of SCHZ. Semmax Financial Advisors Inc. increased its holdings in shares of Schwab U.S. Aggregate Bond ETF by 10.8% during the 2nd quarter. Semmax Financial Advisors Inc. now owns 12,585 shares of the company’s stock worth $591,000 after buying an additional 1,224 shares during the last quarter. Squarepoint Ops LLC increased its stake in Schwab U.S. Aggregate Bond ETF by 28.6% during the second quarter. Squarepoint Ops LLC now owns 15,271 shares of the company’s stock worth $696,000 after acquiring an additional 3,396 shares during the last quarter. Ascent Group LLC raised its position in Schwab U.S. Aggregate Bond ETF by 55.1% in the second quarter. Ascent Group LLC now owns 83,353 shares of the company’s stock valued at $3,799,000 after purchasing an additional 29,609 shares during the period. Regal Investment Advisors LLC lifted its stake in shares of Schwab U.S. Aggregate Bond ETF by 29.1% in the 2nd quarter. Regal Investment Advisors LLC now owns 28,017 shares of the company’s stock valued at $1,277,000 after purchasing an additional 6,308 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. grew its holdings in shares of Schwab U.S. Aggregate Bond ETF by 24.8% during the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 15,035 shares of the company’s stock worth $685,000 after purchasing an additional 2,989 shares during the period.

Schwab U.S. Aggregate Bond ETF Price Performance

Shares of NYSEARCA:SCHZ opened at $22.79 on Wednesday. Schwab U.S. Aggregate Bond ETF has a 12-month low of $22.26 and a 12-month high of $24.15. The business has a 50-day moving average price of $22.87 and a 200 day moving average price of $23.20.

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.