Beacon Pointe Advisors LLC Raises Stock Holdings in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

Beacon Pointe Advisors LLC grew its stake in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 95.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 421,946 shares of the company’s stock after acquiring an additional 206,102 shares during the quarter. Beacon Pointe Advisors LLC’s holdings in Schwab U.S. Aggregate Bond ETF were worth $9,578,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Archer Investment Corp increased its stake in Schwab U.S. Aggregate Bond ETF by 100.5% in the fourth quarter. Archer Investment Corp now owns 1,103 shares of the company’s stock valued at $25,000 after purchasing an additional 553 shares during the last quarter. Westside Investment Management Inc. increased its stake in Schwab U.S. Aggregate Bond ETF by 100.0% in the fourth quarter. Westside Investment Management Inc. now owns 1,116 shares of the company’s stock valued at $25,000 after purchasing an additional 558 shares during the last quarter. Blair William & Co. IL increased its stake in Schwab U.S. Aggregate Bond ETF by 124.4% in the fourth quarter. Blair William & Co. IL now owns 1,214 shares of the company’s stock valued at $28,000 after purchasing an additional 673 shares during the last quarter. Legacy Bridge LLC increased its stake in Schwab U.S. Aggregate Bond ETF by 100.0% in the fourth quarter. Legacy Bridge LLC now owns 1,530 shares of the company’s stock valued at $35,000 after purchasing an additional 765 shares during the last quarter. Finally, Financial Management Professionals Inc. increased its stake in Schwab U.S. Aggregate Bond ETF by 100.0% in the fourth quarter. Financial Management Professionals Inc. now owns 1,564 shares of the company’s stock valued at $36,000 after purchasing an additional 782 shares during the last quarter.

Schwab U.S. Aggregate Bond ETF Trading Up 0.3 %

Schwab U.S. Aggregate Bond ETF stock opened at $23.16 on Tuesday. The stock has a fifty day moving average price of $23.04 and a 200 day moving average price of $22.96. Schwab U.S. Aggregate Bond ETF has a 52 week low of $22.27 and a 52 week high of $24.15.

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.