Burns Matteson Capital Management LLC Acquires 4,505 Shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

Burns Matteson Capital Management LLC raised its stake in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 96.6% in the fourth quarter, Holdings Channel.com reports. The firm owned 9,167 shares of the company’s stock after buying an additional 4,505 shares during the period. Burns Matteson Capital Management LLC’s holdings in Schwab U.S. Aggregate Bond ETF were worth $208,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Westside Investment Management Inc. lifted its holdings in shares of Schwab U.S. Aggregate Bond ETF by 100.0% in the fourth quarter. Westside Investment Management Inc. now owns 1,116 shares of the company’s stock valued at $25,000 after purchasing an additional 558 shares in the last quarter. Archer Investment Corp raised its position in Schwab U.S. Aggregate Bond ETF by 100.5% in 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 stake in Schwab U.S. Aggregate Bond ETF by 2,001.8% during the 4th quarter. Thompson Investment Management Inc. now owns 1,198 shares of the company’s stock valued at $27,000 after acquiring an additional 1,141 shares in the last quarter. Modus Advisors LLC purchased a new position in Schwab U.S. Aggregate Bond ETF during the 4th quarter worth $33,000. Finally, Sound Income Strategies LLC bought a new stake in shares of Schwab U.S. Aggregate Bond ETF in the 3rd quarter worth $35,000.

Schwab U.S. Aggregate Bond ETF Trading Down 0.3 %

Shares of SCHZ stock opened at $22.84 on Monday. The firm has a 50-day moving average of $22.82 and a 200-day moving average of $23.19. Schwab U.S. Aggregate Bond ETF has a one year low of $22.26 and a one year high of $24.15.

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.