Sterling Investment Management LLC Grows Stake in Schwab U.S. Aggregate Bond ETF $SCHZ

Sterling Investment Management LLC increased its holdings in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 0.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 66,630 shares of the company’s stock after purchasing an additional 542 shares during the quarter. Schwab U.S. Aggregate Bond ETF makes up 1.0% of Sterling Investment Management LLC’s portfolio, making the stock its 28th biggest holding. Sterling Investment Management LLC’s holdings in Schwab U.S. Aggregate Bond ETF were worth $1,548,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in SCHZ. New Republic Capital LLC grew its position in shares of Schwab U.S. Aggregate Bond ETF by 132.6% during the first quarter. New Republic Capital LLC now owns 4,507 shares of the company’s stock worth $104,000 after purchasing an additional 2,569 shares in the last quarter. New Millennium Group LLC grew its position in shares of Schwab U.S. Aggregate Bond ETF by 201.4% during the first quarter. New Millennium Group LLC now owns 5,001 shares of the company’s stock worth $116,000 after purchasing an additional 3,342 shares in the last quarter. Colonial Trust Advisors purchased a new stake in shares of Schwab U.S. Aggregate Bond ETF during the first quarter worth about $121,000. AdvisorNet Financial Inc lifted its position in shares of Schwab U.S. Aggregate Bond ETF by 17.0% in the second quarter. AdvisorNet Financial Inc now owns 6,242 shares of the company’s stock worth $145,000 after buying an additional 909 shares in the last quarter. Finally, Calton & Associates Inc. purchased a new stake in shares of Schwab U.S. Aggregate Bond ETF in the first quarter worth about $190,000.

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

NYSEARCA:SCHZ opened at $23.69 on Wednesday. Schwab U.S. Aggregate Bond ETF has a 12 month low of $22.43 and a 12 month high of $23.71. The business’s 50-day moving average is $23.41 and its 200 day 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.