Inspire Advisors LLC Boosts Stake in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

Inspire Advisors LLC increased its position in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 101.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,878 shares of the company’s stock after buying an additional 4,465 shares during the period. Inspire Advisors LLC’s holdings in Schwab U.S. Aggregate Bond ETF were worth $202,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in SCHZ. Apollon Wealth Management LLC raised its position in Schwab U.S. Aggregate Bond ETF by 998.2% during the third quarter. Apollon Wealth Management LLC now owns 74,953 shares of the company’s stock valued at $3,562,000 after purchasing an additional 68,128 shares during the period. Main Street Financial Solutions LLC raised its position in Schwab U.S. Aggregate Bond ETF by 18.8% during the third quarter. Main Street Financial Solutions LLC now owns 61,904 shares of the company’s stock valued at $2,942,000 after purchasing an additional 9,801 shares during the period. Curi RMB Capital LLC raised its position in Schwab U.S. Aggregate Bond ETF by 3.7% during the third quarter. Curi RMB Capital LLC now owns 108,416 shares of the company’s stock valued at $5,152,000 after purchasing an additional 3,874 shares during the period. Signature Estate & Investment Advisors LLC raised its position in Schwab U.S. Aggregate Bond ETF by 6.5% during the third quarter. Signature Estate & Investment Advisors LLC now owns 173,117 shares of the company’s stock valued at $8,227,000 after purchasing an additional 10,566 shares during the period. Finally, Archer Investment Corp purchased a new stake in Schwab U.S. Aggregate Bond ETF during the third quarter valued at approximately $26,000.

Schwab U.S. Aggregate Bond ETF Stock Performance

Shares of SCHZ stock opened at $23.01 on Thursday. Schwab U.S. Aggregate Bond ETF has a 1 year low of $22.26 and a 1 year high of $24.15. The stock’s 50 day simple moving average is $22.85 and its two-hundred day simple moving average is $23.13.

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.