IFP Advisors Inc Acquires 198,190 Shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

IFP Advisors Inc boosted its holdings in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 148.4% during the fourth quarter, Holdings Channel.com reports. The fund owned 331,754 shares of the company’s stock after buying an additional 198,190 shares during the quarter. IFP Advisors Inc’s holdings in Schwab U.S. Aggregate Bond ETF were worth $7,531,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Westside Investment Management Inc. increased its stake in Schwab U.S. Aggregate Bond ETF by 100.0% in the 4th quarter. Westside Investment Management Inc. now owns 1,116 shares of the company’s stock worth $25,000 after acquiring an additional 558 shares during the last quarter. Archer Investment Corp increased its position in shares of Schwab U.S. Aggregate Bond ETF by 100.5% during the 4th 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. Thompson Investment Management Inc. increased its position in shares of Schwab U.S. Aggregate Bond ETF by 2,001.8% during the 4th quarter. Thompson Investment Management Inc. now owns 1,198 shares of the company’s stock valued at $27,000 after purchasing an additional 1,141 shares during the last quarter. Key Financial Inc bought a new position in shares of Schwab U.S. Aggregate Bond ETF during the 4th quarter valued at about $32,000. Finally, Modus Advisors LLC bought a new position in shares of Schwab U.S. Aggregate Bond ETF during the 4th quarter valued at about $33,000.

Schwab U.S. Aggregate Bond ETF Trading Up 0.4 %

Shares of Schwab U.S. Aggregate Bond ETF stock opened at $22.97 on Monday. The business’s 50-day moving average price is $22.75 and its 200-day moving average price is $23.16. Schwab U.S. Aggregate Bond ETF has a 12 month low of $22.26 and a 12 month high of $24.15.

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.