Red Tortoise LLC Increases Stake in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

Red Tortoise LLC lifted its stake in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 6.5% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 21,430 shares of the company’s stock after buying an additional 1,300 shares during the period. Red Tortoise LLC’s holdings in Schwab U.S. Aggregate Bond ETF were worth $999,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Sightline Wealth Advisors LLC boosted its stake in Schwab U.S. Aggregate Bond ETF by 100.8% during the third quarter. Sightline Wealth Advisors LLC now owns 29,852 shares of the company’s stock worth $1,320,000 after acquiring an additional 14,986 shares in the last quarter. Mendel Capital Management LLC boosted its stake in Schwab U.S. Aggregate Bond ETF by 5.8% during the fourth quarter. Mendel Capital Management LLC now owns 32,310 shares of the company’s stock worth $1,506,000 after acquiring an additional 1,760 shares in the last quarter. Econ Financial Services Corp boosted its stake in Schwab U.S. Aggregate Bond ETF by 152.8% during the third quarter. Econ Financial Services Corp now owns 44,265 shares of the company’s stock worth $1,958,000 after acquiring an additional 26,758 shares in the last quarter. Fermata Advisors LLC bought a new stake in Schwab U.S. Aggregate Bond ETF during the fourth quarter worth about $322,000. Finally, JPMorgan Chase & Co. boosted its stake in Schwab U.S. Aggregate Bond ETF by 4,218.2% during the third quarter. JPMorgan Chase & Co. now owns 2,419,519 shares of the company’s stock worth $107,015,000 after acquiring an additional 2,363,488 shares in the last quarter.

Schwab U.S. Aggregate Bond ETF Trading Up 0.4 %

NYSEARCA:SCHZ traded up $0.20 during mid-day trading on Wednesday, hitting $44.86. 474,439 shares of the company’s stock were exchanged, compared to its average volume of 906,301. Schwab U.S. Aggregate Bond ETF has a one year low of $43.05 and a one year high of $47.26. The business has a fifty day moving average price of $45.67 and a 200 day moving average price of $45.37.

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.