Modera Wealth Management LLC Raises Stake in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

Modera Wealth Management LLC boosted its holdings in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 100.0% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 55,538 shares of the company’s stock after purchasing an additional 27,769 shares during the quarter. Modera Wealth Management LLC’s holdings in Schwab U.S. Aggregate Bond ETF were worth $1,261,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of SCHZ. Westside Investment Management Inc. raised its holdings in shares of 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 worth $25,000 after purchasing an additional 558 shares during the last quarter. Archer Investment Corp raised its stake 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 buying an additional 553 shares during the last quarter. Thompson Investment Management Inc. lifted its holdings in shares of Schwab U.S. Aggregate Bond ETF by 2,001.8% in the 4th quarter. Thompson Investment Management Inc. now owns 1,198 shares of the company’s stock valued at $27,000 after buying an additional 1,141 shares during the period. Key Financial Inc purchased a new stake in shares of Schwab U.S. Aggregate Bond ETF in the fourth quarter worth about $32,000. Finally, Modus Advisors LLC acquired a new stake in Schwab U.S. Aggregate Bond ETF during the fourth quarter worth about $33,000.

Schwab U.S. Aggregate Bond ETF Trading Down 0.1 %

Shares of SCHZ stock opened at $23.24 on Tuesday. Schwab U.S. Aggregate Bond ETF has a twelve month low of $22.26 and a twelve month high of $24.15. The stock has a 50 day moving average of $22.79 and a 200 day moving average of $23.15.

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.