Steele Capital Management Inc. Invests $601,000 in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

Steele Capital Management Inc. bought a new position in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 12,882 shares of the company’s stock, valued at approximately $601,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Sightline Wealth Advisors LLC boosted its position in shares of Schwab U.S. Aggregate Bond ETF by 100.8% in the third quarter. Sightline Wealth Advisors LLC now owns 29,852 shares of the company’s stock worth $1,320,000 after buying an additional 14,986 shares during the period. Mendel Capital Management LLC lifted its stake in shares of Schwab U.S. Aggregate Bond ETF by 5.8% in 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. Total Wealth Planning LLC lifted its stake in shares of Schwab U.S. Aggregate Bond ETF by 17.6% in the fourth quarter. Total Wealth Planning LLC now owns 978,356 shares of the company’s stock worth $45,611,000 after acquiring an additional 146,243 shares in the last quarter. Econ Financial Services Corp lifted its stake in shares of Schwab U.S. Aggregate Bond ETF by 152.8% in 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. Finally, Fermata Advisors LLC acquired a new position in shares of Schwab U.S. Aggregate Bond ETF in the fourth quarter worth about $322,000.

Schwab U.S. Aggregate Bond ETF Trading Up 0.2 %

Shares of NYSEARCA:SCHZ traded up $0.10 during trading on Monday, hitting $44.87. The company’s stock had a trading volume of 362,137 shares, compared to its average volume of 875,374. Schwab U.S. Aggregate Bond ETF has a fifty-two week low of $43.05 and a fifty-two week high of $47.26. The stock’s 50-day moving average price is $45.51 and its two-hundred day moving average price is $45.42.

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.