Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) is Christensen King & Associates Investment Services Inc.’s 5th Largest Position

Christensen King & Associates Investment Services Inc. increased its stake in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 98.8% during the 4th quarter, Holdings Channel.com reports. The fund owned 498,094 shares of the company’s stock after buying an additional 247,516 shares during the period. Schwab U.S. Aggregate Bond ETF accounts for approximately 5.3% of Christensen King & Associates Investment Services Inc.’s portfolio, making the stock its 5th largest position. Christensen King & Associates Investment Services Inc.’s holdings in Schwab U.S. Aggregate Bond ETF were worth $11,292,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of SCHZ. Archer Investment Corp purchased a new position in shares of Schwab U.S. Aggregate Bond ETF during the 3rd quarter valued at approximately $26,000. Hollencrest Capital Management raised its stake in Schwab U.S. Aggregate Bond ETF by 321.1% during the 2nd quarter. Hollencrest Capital Management now owns 678 shares of the company’s stock valued at $31,000 after acquiring an additional 517 shares in the last quarter. Modus Advisors LLC acquired a new position in Schwab U.S. Aggregate Bond ETF during the 4th quarter valued at about $33,000. Sound Income Strategies LLC bought a new stake in shares of Schwab U.S. Aggregate Bond ETF in the 3rd quarter worth $35,000. Finally, Godsey & Gibb Inc. bought a new stake in shares of Schwab U.S. Aggregate Bond ETF in the 3rd quarter worth approximately $36,000.

Schwab U.S. Aggregate Bond ETF Stock Performance

SCHZ stock opened at $22.46 on Tuesday. Schwab U.S. Aggregate Bond ETF has a 52-week low of $22.26 and a 52-week high of $24.15. The company’s 50 day simple moving average is $22.91 and its 200-day simple moving average is $23.21.

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.