Independent Solutions Wealth Management LLC Increases Position in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

Independent Solutions Wealth Management LLC lifted its holdings in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 77.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 272,503 shares of the company’s stock after acquiring an additional 118,513 shares during the quarter. Schwab U.S. Aggregate Bond ETF accounts for about 1.4% of Independent Solutions Wealth Management LLC’s holdings, making the stock its 22nd largest position. Independent Solutions Wealth Management LLC’s holdings in Schwab U.S. Aggregate Bond ETF were worth $6,186,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of SCHZ. 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. Westside Investment Management Inc. grew its position in Schwab U.S. Aggregate Bond ETF by 100.0% during the fourth quarter. Westside Investment Management Inc. now owns 1,116 shares of the company’s stock valued at $25,000 after buying an additional 558 shares during the period. Pinnacle Family Advisors LLC increased its holdings in Schwab U.S. Aggregate Bond ETF by 3.2% during the third quarter. Pinnacle Family Advisors LLC now owns 19,157 shares of the company’s stock worth $910,000 after buying an additional 592 shares during the last quarter. Legacy Bridge LLC raised its position 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 worth $35,000 after acquiring an additional 765 shares during the period. Finally, Financial Management Professionals Inc. boosted 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 acquiring an additional 782 shares during the last quarter.

Schwab U.S. Aggregate Bond ETF Price Performance

Schwab U.S. Aggregate Bond ETF stock opened at $23.16 on Friday. The firm has a 50 day moving average price of $22.90 and a 200-day moving average price of $23.11. Schwab U.S. Aggregate Bond ETF has a twelve month low of $22.26 and a twelve 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.