Peak Financial Management Inc. Has $6.26 Million Stock Holdings in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

Peak Financial Management Inc. boosted its position in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 120.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 275,948 shares of the company’s stock after buying an additional 150,728 shares during the period. Schwab U.S. Aggregate Bond ETF makes up approximately 1.9% of Peak Financial Management Inc.’s portfolio, making the stock its 19th biggest position. Peak Financial Management Inc.’s holdings in Schwab U.S. Aggregate Bond ETF were worth $6,264,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Westside Investment Management Inc. increased its holdings in shares of Schwab U.S. Aggregate Bond ETF by 100.0% during the fourth quarter. Westside Investment Management Inc. now owns 1,116 shares of the company’s stock valued at $25,000 after acquiring an additional 558 shares in the last quarter. Archer Investment Corp acquired a new stake in Schwab U.S. Aggregate Bond ETF in the 3rd quarter valued at $26,000. Modus Advisors LLC bought a new stake in Schwab U.S. Aggregate Bond ETF during the 4th quarter valued at $33,000. Sound Income Strategies LLC acquired a new position in Schwab U.S. Aggregate Bond ETF during the third quarter worth $35,000. Finally, Godsey & Gibb Inc. bought a new position in shares of Schwab U.S. Aggregate Bond ETF in the third quarter valued at $36,000.

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

Shares of NYSEARCA SCHZ opened at $22.74 on Monday. Schwab U.S. Aggregate Bond ETF has a 1 year low of $22.26 and a 1 year high of $24.15. The company has a 50-day moving average price of $22.86 and a 200-day moving average price of $23.20.

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.