Legacy Wealth Management Inc Increases Position in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

Legacy Wealth Management Inc grew its position in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 122.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 23,892 shares of the company’s stock after purchasing an additional 13,128 shares during the period. Schwab U.S. Aggregate Bond ETF makes up about 0.0% of Legacy Wealth Management Inc’s holdings, making the stock its 25th largest holding. Legacy Wealth Management Inc’s holdings in Schwab U.S. Aggregate Bond ETF were worth $542,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of SCHZ. Westside Investment Management Inc. increased its stake in Schwab U.S. Aggregate Bond ETF by 100.0% during the 4th quarter. Westside Investment Management Inc. now owns 1,116 shares of the company’s stock worth $25,000 after buying an additional 558 shares during the period. Archer Investment Corp purchased a new stake in shares of Schwab U.S. Aggregate Bond ETF during the third quarter worth $26,000. Modus Advisors LLC acquired a new stake in shares of Schwab U.S. Aggregate Bond ETF in the fourth quarter valued at $33,000. Sound Income Strategies LLC purchased a new position in Schwab U.S. Aggregate Bond ETF in the third quarter valued at $35,000. Finally, Godsey & Gibb Inc. acquired a new position in Schwab U.S. Aggregate Bond ETF during the 3rd quarter worth $36,000.

Schwab U.S. Aggregate Bond ETF Stock Performance

Shares of NYSEARCA SCHZ opened at $22.74 on Friday. The stock’s 50-day moving average is $22.86 and its two-hundred day moving average is $23.20. Schwab U.S. Aggregate Bond ETF has a 1-year low of $22.26 and a 1-year 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.