Stratos Wealth Advisors LLC Acquires 32,306 Shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

Stratos Wealth Advisors LLC boosted its holdings in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 115.9% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 60,175 shares of the company’s stock after buying an additional 32,306 shares during the quarter. Stratos Wealth Advisors LLC’s holdings in Schwab U.S. Aggregate Bond ETF were worth $1,366,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Westside Investment Management Inc. lifted its position 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 valued at $25,000 after buying an additional 558 shares in the last quarter. Archer Investment Corp bought a new stake in Schwab U.S. Aggregate Bond ETF during the 3rd quarter worth approximately $26,000. Modus Advisors LLC purchased a new position in Schwab U.S. Aggregate Bond ETF during the fourth quarter valued at approximately $33,000. Sound Income Strategies LLC bought a new position in shares of Schwab U.S. Aggregate Bond ETF in the third quarter worth approximately $35,000. Finally, Legacy Bridge LLC increased its stake in shares of 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 purchasing an additional 765 shares in the last quarter.

Schwab U.S. Aggregate Bond ETF Stock Performance

Shares of SCHZ stock opened at $22.90 on Friday. Schwab U.S. Aggregate Bond ETF has a one year low of $22.26 and a one year high of $24.15. The company’s fifty day moving average price is $22.83 and its 200-day moving average price is $23.19.

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.