KilterHowling LLC has expanded its holdings in the Schwab U.S. Aggregate Bond ETF (NYSEARCA: SCHZ) by 2.2% during the second quarter of 2023. This increase results in the firm owning a total of 1,190,816 shares after acquiring an additional 25,269 shares, according to the latest disclosure submitted to the Securities and Exchange Commission (SEC). The ETF now constitutes approximately 16.5% of KilterHowling LLC’s investment portfolio, making it the firm’s largest holding.
At the conclusion of the most recent reporting period, KilterHowling LLC held about 0.32% of the Schwab U.S. Aggregate Bond ETF, which is valued at approximately $27.675 million. This substantial stake reflects growing interest in fixed income securities amid fluctuating market conditions.
Several other hedge funds have also adjusted their positions in the Schwab U.S. Aggregate Bond ETF recently. For instance, Traub Capital Management LLC established a new position in the fund during the second quarter, valued at $76,000. Meanwhile, Assetmark Inc. significantly increased its stake by 1,210.7% during the same period, now owning 3,670 shares worth $85,000 after purchasing an additional 3,390 shares.
Furthermore, Steward Partners Investment Advisory LLC raised its holdings in the ETF by 39.9%, bringing its total to 4,705 shares valued at $109,000 after acquiring an additional 1,343 shares. Colonial Trust Advisors also acquired a new position in the first quarter, estimated at about $121,000. AdvisorNet Financial Inc. grew its stake by 17.0% in the second quarter, increasing its ownership to 6,242 shares valued at $145,000.
Market Performance and Fund Overview
As of Wednesday, the Schwab U.S. Aggregate Bond ETF opened at $23.45, reflecting a slight increase of 0.1%. The fund has demonstrated resilience, with a one-year low of $22.43 and a high of $23.71. Its 50-day moving average stands at $23.51, while the 200-day moving average is at $23.25.
The Schwab U.S. Aggregate Bond ETF, launched on July 14, 2011, is designed to track the Bloomberg U.S. Aggregate Bond Index. This index encompasses a wide range of U.S. investment-grade fixed income securities, including corporate bonds, government bonds, and mortgage-backed securities. Managed by Charles Schwab, the ETF serves as a key investment vehicle for those seeking stability in their portfolios.
For those interested in tracking the movements of the Schwab U.S. Aggregate Bond ETF, resources such as HoldingsChannel.com provide the latest 13F filings and insider trades, while MarketBeat.com offers daily summaries of news and analysts’ ratings related to the ETF and its related companies.
