Now there's a question!
I would say kind of inbetween, but closer to the top.
There are a lot of variables- The lake you're fishing, water temp, time of day, etc.
The only spawning beds you should have to worry about are bass, and the water has to be at least 58 degrees. You probably can't target them, unless you're fishing the Great Lakes C+R season.
Try casting for pike in 4-8 fow in the morning with baitfish imitations like jerkbaits.
Trolling for walleye in the evening is probably the best way to pick one up.
There are a myriad of ways to go about this. Check out the Walleye board.
I have found that pike are much easier to catch than 'eyes, but again, this depends on where and when you are fishing.
Good luck!