Leavell Investment Management Inc. Boosts Position in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

Leavell Investment Management Inc. increased its stake in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 95.3% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 385,045 shares of the company’s stock after acquiring an additional 187,920 shares during the quarter. Leavell Investment Management Inc.’s holdings in Schwab U.S. Aggregate Bond ETF were worth $8,741,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the stock. Gradient Capital Advisors LLC increased its stake in Schwab U.S. Aggregate Bond ETF by 85.3% in the 4th quarter. Gradient Capital Advisors LLC now owns 34,291 shares of the company’s stock worth $778,000 after buying an additional 15,785 shares during the period. Index Fund Advisors Inc. increased its stake in Schwab U.S. Aggregate Bond ETF by 102.6% in the 4th quarter. Index Fund Advisors Inc. now owns 9,988 shares of the company’s stock worth $227,000 after buying an additional 5,059 shares during the period. Latitude Advisors LLC increased its stake in Schwab U.S. Aggregate Bond ETF by 114.9% in the 4th quarter. Latitude Advisors LLC now owns 35,895 shares of the company’s stock worth $815,000 after buying an additional 19,193 shares during the period. Sovran Advisors LLC purchased a new position in Schwab U.S. Aggregate Bond ETF in the 4th quarter worth about $644,000. Finally, Focus Financial Network Inc. increased its stake in Schwab U.S. Aggregate Bond ETF by 113.7% in the 4th quarter. Focus Financial Network Inc. now owns 379,368 shares of the company’s stock worth $8,612,000 after buying an additional 201,842 shares during the period.

Schwab U.S. Aggregate Bond ETF Stock Down 0.2 %

SCHZ stock opened at $22.78 on Wednesday. Schwab U.S. Aggregate Bond ETF has a 12 month low of $22.26 and a 12 month high of $24.15. The firm’s 50-day moving average is $22.81 and its 200 day moving average is $23.19.

Schwab U.S. Aggregate Bond ETF Profile

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.