Sterling Investment Management LLC Grows Stake in Schwab U.S. Aggregate Bond ETF $SCHZ

Sterling Investment Management LLC lifted its position in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 0.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 66,630 shares of the company’s stock after buying an additional 542 shares during the period. Schwab U.S. Aggregate Bond ETF makes up about 1.0% of Sterling Investment Management LLC’s investment portfolio, making the stock its 28th biggest position. Sterling Investment Management LLC’s holdings in Schwab U.S. Aggregate Bond ETF were worth $1,548,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Avidian Wealth Enterprises LLC boosted its stake in shares of Schwab U.S. Aggregate Bond ETF by 0.6% in the 2nd quarter. Avidian Wealth Enterprises LLC now owns 89,656 shares of the company’s stock worth $2,084,000 after buying an additional 529 shares during the last quarter. Chicago Partners Investment Group LLC grew its holdings in Schwab U.S. Aggregate Bond ETF by 15.3% during the second quarter. Chicago Partners Investment Group LLC now owns 33,602 shares of the company’s stock valued at $774,000 after purchasing an additional 4,452 shares during the period. WealthPlan Investment Management LLC bought a new position in shares of Schwab U.S. Aggregate Bond ETF in the second quarter worth about $476,000. RCS Financial Planning LLC raised its stake in shares of Schwab U.S. Aggregate Bond ETF by 5.1% in the second quarter. RCS Financial Planning LLC now owns 40,826 shares of the company’s stock worth $949,000 after buying an additional 1,974 shares during the period. Finally, Mutual Advisors LLC raised its stake in shares of Schwab U.S. Aggregate Bond ETF by 0.9% in the second quarter. Mutual Advisors LLC now owns 647,225 shares of the company’s stock worth $14,931,000 after buying an additional 5,525 shares during the period.

Schwab U.S. Aggregate Bond ETF Stock Up 0.1%

NYSEARCA SCHZ opened at $23.69 on Wednesday. The stock’s 50-day moving average price is $23.41 and its 200-day moving average price is $23.13. Schwab U.S. Aggregate Bond ETF has a 52 week low of $22.43 and a 52 week high of $23.71.

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.