First Horizon Advisors Inc. Makes New $195,000 Investment in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

First Horizon Advisors Inc. purchased a new stake in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 4,187 shares of the company’s stock, valued at approximately $195,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Beaird Harris Wealth Management LLC bought a new position in Schwab U.S. Aggregate Bond ETF in the third quarter valued at $25,000. Financial Management Professionals Inc. boosted its stake in shares of Schwab U.S. Aggregate Bond ETF by 275.1% during the 4th quarter. Financial Management Professionals Inc. now owns 784 shares of the company’s stock worth $37,000 after buying an additional 575 shares during the last quarter. Sound Income Strategies LLC bought a new position in shares of Schwab U.S. Aggregate Bond ETF in the 4th quarter valued at about $59,000. Level Financial Advisors Inc. acquired a new stake in shares of Schwab U.S. Aggregate Bond ETF in the fourth quarter valued at about $63,000. Finally, Fortitude Family Office LLC bought a new stake in Schwab U.S. Aggregate Bond ETF during the fourth quarter worth about $67,000.

Schwab U.S. Aggregate Bond ETF Price Performance

Shares of NYSEARCA SCHZ opened at $45.15 on Monday. Schwab U.S. Aggregate Bond ETF has a 52 week low of $43.05 and a 52 week high of $47.26. The stock has a 50 day moving average price of $45.44 and a 200 day moving average price of $45.46.

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.