Johnson Financial Group Inc. Takes Position in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

Johnson Financial Group Inc. acquired a new stake in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 13,522 shares of the company’s stock, valued at approximately $630,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of SCHZ. Cerity Partners LLC raised its stake in Schwab U.S. Aggregate Bond ETF by 4,670.8% in the fourth quarter. Cerity Partners LLC now owns 4,298,526 shares of the company’s stock worth $200,397,000 after buying an additional 4,208,425 shares in the last quarter. JPMorgan Chase & Co. raised its stake in Schwab U.S. Aggregate Bond ETF by 4,218.2% in the third quarter. JPMorgan Chase & Co. now owns 2,419,519 shares of the company’s stock worth $107,015,000 after buying an additional 2,363,488 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in Schwab U.S. Aggregate Bond ETF by 9.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 26,820,056 shares of the company’s stock worth $1,250,351,000 after buying an additional 2,206,210 shares in the last quarter. Alliance Wealth Management Group bought a new position in Schwab U.S. Aggregate Bond ETF in the fourth quarter worth about $23,755,000. Finally, TSA Wealth Managment LLC bought a new position in Schwab U.S. Aggregate Bond ETF in the fourth quarter worth about $18,751,000.

Schwab U.S. Aggregate Bond ETF Price Performance

SCHZ stock traded up $0.07 during trading on Friday, reaching $45.36. The company had a trading volume of 239,409 shares, compared to its average volume of 807,419. Schwab U.S. Aggregate Bond ETF has a 52 week low of $43.05 and a 52 week high of $47.00. The business has a 50 day moving average of $45.29 and a 200 day moving average of $45.63.

Schwab U.S. Aggregate Bond ETF Company 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.