IFP Advisors Inc Raises Holdings in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

IFP Advisors Inc grew its position in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 148.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 331,754 shares of the company’s stock after buying an additional 198,190 shares during the period. IFP Advisors Inc owned 0.20% of Schwab U.S. Aggregate Bond ETF worth $7,531,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in SCHZ. WealthShield Partners LLC lifted its holdings in Schwab U.S. Aggregate Bond ETF by 39.1% during the 4th quarter. WealthShield Partners LLC now owns 300,686 shares of the company’s stock worth $6,826,000 after purchasing an additional 84,503 shares in the last quarter. Capital Advisors Ltd. LLC lifted its holdings in Schwab U.S. Aggregate Bond ETF by 100.0% during the 4th quarter. Capital Advisors Ltd. LLC now owns 19,640 shares of the company’s stock worth $446,000 after purchasing an additional 9,820 shares in the last quarter. Midwest Capital Advisors LLC purchased a new stake in Schwab U.S. Aggregate Bond ETF during the 4th quarter worth about $5,126,000. Cherry Tree Wealth Management LLC lifted its holdings in Schwab U.S. Aggregate Bond ETF by 99.8% during the 4th quarter. Cherry Tree Wealth Management LLC now owns 75,334 shares of the company’s stock worth $1,710,000 after purchasing an additional 37,629 shares in the last quarter. Finally, Forvis Mazars Wealth Advisors LLC lifted its holdings in Schwab U.S. Aggregate Bond ETF by 70.4% during the 4th quarter. Forvis Mazars Wealth Advisors LLC now owns 33,225 shares of the company’s stock worth $754,000 after purchasing an additional 13,727 shares in the last quarter.

Schwab U.S. Aggregate Bond ETF Price Performance

Shares of SCHZ opened at $22.97 on Monday. The stock’s 50-day simple moving average is $22.75 and its 200 day simple moving average is $23.16. Schwab U.S. Aggregate Bond ETF has a 52-week low of $22.26 and a 52-week high of $24.15.

Schwab U.S. Aggregate Bond ETF 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.