HighTower Advisors LLC Grows Position in Schwab U.S. Aggregate Bond ETF $SCHZ

HighTower Advisors LLC raised its holdings in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 8.0% during the 4th quarter, HoldingsChannel.com reports. The fund owned 4,117,942 shares of the company’s stock after acquiring an additional 304,989 shares during the quarter. HighTower Advisors LLC’s holdings in Schwab U.S. Aggregate Bond ETF were worth $96,236,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the company. Rockbridge Investment Management LCC increased its position in shares of Schwab U.S. Aggregate Bond ETF by 12.6% during the 4th quarter. Rockbridge Investment Management LCC now owns 8,957,935 shares of the company’s stock valued at $209,347,000 after purchasing an additional 999,097 shares during the last quarter. Ameriprise Financial Inc. increased its position in shares of Schwab U.S. Aggregate Bond ETF by 1.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 7,450,294 shares of the company’s stock valued at $173,387,000 after purchasing an additional 98,660 shares during the last quarter. Avantax Planning Partners Inc. increased its position in shares of Schwab U.S. Aggregate Bond ETF by 3.7% during the 4th quarter. Avantax Planning Partners Inc. now owns 7,447,340 shares of the company’s stock valued at $174,044,000 after purchasing an additional 264,273 shares during the last quarter. Charles Schwab Trust Co increased its position in shares of Schwab U.S. Aggregate Bond ETF by 4.5% during the 4th quarter. Charles Schwab Trust Co now owns 6,215,188 shares of the company’s stock valued at $145,249,000 after purchasing an additional 268,364 shares during the last quarter. Finally, Financial Engines Advisors L.L.C. increased its position in shares of Schwab U.S. Aggregate Bond ETF by 10.7% during the 3rd quarter. Financial Engines Advisors L.L.C. now owns 5,427,583 shares of the company’s stock valued at $127,385,000 after purchasing an additional 524,573 shares during the last quarter.

Schwab U.S. Aggregate Bond ETF Trading Down 0.3%

Shares of Schwab U.S. Aggregate Bond ETF stock opened at $22.84 on Wednesday. The business’s 50-day moving average price is $23.20 and its 200-day moving average price is $23.37. Schwab U.S. Aggregate Bond ETF has a 12 month low of $22.64 and a 12 month high of $23.73.

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.