Financial Management Professionals Inc. Boosts Stock Holdings in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

Financial Management Professionals Inc. raised its holdings in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 100.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,564 shares of the company’s stock after purchasing an additional 782 shares during the quarter. Financial Management Professionals Inc.’s holdings in Schwab U.S. Aggregate Bond ETF were worth $36,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SCHZ. Krilogy Financial LLC boosted its position in shares of Schwab U.S. Aggregate Bond ETF by 105.9% during the 4th quarter. Krilogy Financial LLC now owns 188,057 shares of the company’s stock worth $4,269,000 after purchasing an additional 96,717 shares in the last quarter. Ameritas Advisory Services LLC lifted its stake in shares of Schwab U.S. Aggregate Bond ETF by 66.1% in the fourth quarter. Ameritas Advisory Services LLC now owns 9,051 shares of the company’s stock valued at $205,000 after purchasing an additional 3,602 shares during the period. HB Wealth Management LLC boosted its holdings in Schwab U.S. Aggregate Bond ETF by 1,976.7% during the fourth quarter. HB Wealth Management LLC now owns 148,694 shares of the company’s stock worth $3,375,000 after buying an additional 141,534 shares in the last quarter. Stonekeep Investments LLC grew its position in Schwab U.S. Aggregate Bond ETF by 84.3% during the fourth quarter. Stonekeep Investments LLC now owns 114,707 shares of the company’s stock worth $2,604,000 after buying an additional 52,456 shares during the period. Finally, Merit Financial Group LLC increased its holdings in Schwab U.S. Aggregate Bond ETF by 1,057.9% in the fourth quarter. Merit Financial Group LLC now owns 365,092 shares of the company’s stock valued at $8,288,000 after buying an additional 333,561 shares in the last quarter.

Schwab U.S. Aggregate Bond ETF Price Performance

Shares of NYSEARCA:SCHZ opened at $22.72 on Monday. The business’s 50 day simple moving average is $22.88 and its 200-day simple moving average is $23.21. Schwab U.S. Aggregate Bond ETF has a 12 month low of $22.26 and a 12 month 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.