Sound Income Strategies LLC Acquires 2,765 Shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

Sound Income Strategies LLC boosted its holdings in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 373.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,506 shares of the company’s stock after acquiring an additional 2,765 shares during the period. Sound Income Strategies LLC’s holdings in Schwab U.S. Aggregate Bond ETF were worth $80,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in SCHZ. Westside Investment Management Inc. boosted its holdings in shares of 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 acquired a new stake in Schwab U.S. Aggregate Bond ETF during the third quarter worth approximately $26,000. Modus Advisors LLC bought a new stake in shares of Schwab U.S. Aggregate Bond ETF during the fourth quarter worth approximately $33,000. Godsey & Gibb Inc. bought a new stake in shares of Schwab U.S. Aggregate Bond ETF during the third quarter worth approximately $36,000. Finally, Financial Management Professionals Inc. grew its position in shares of 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 Price Performance

NYSEARCA:SCHZ opened at $22.74 on Friday. The stock has a 50 day simple moving average of $22.86 and a 200 day simple moving average of $23.20. Schwab U.S. Aggregate Bond ETF has a 1-year low of $22.26 and a 1-year 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.