Smithbridge Asset Management Inc. DE Buys New Stake in Schwab U.S. Aggregate Bond ETF $SCHZ

Smithbridge Asset Management Inc. DE bought a new position in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) during the 3rd quarter, HoldingsChannel reports. The institutional investor bought 551,462 shares of the company’s stock, valued at approximately $12,187,000. Schwab U.S. Aggregate Bond ETF makes up 1.7% of Smithbridge Asset Management Inc. DE’s portfolio, making the stock its 19th biggest position.

A number of other institutional investors have also recently added to or reduced their stakes in SCHZ. Rockbridge Investment Management LCC increased its position in Schwab U.S. Aggregate Bond ETF by 8.2% in the 1st quarter. Rockbridge Investment Management LCC now owns 9,693,597 shares of the company’s stock valued at $225,085,000 after acquiring an additional 735,662 shares during the period. Avantax Planning Partners Inc. raised its stake in shares of Schwab U.S. Aggregate Bond ETF by 3.5% during the first quarter. Avantax Planning Partners Inc. now owns 7,710,661 shares of the company’s stock valued at $179,042,000 after acquiring an additional 263,321 shares during the last quarter. Charles Schwab Trust Co raised its stake in shares of Schwab U.S. Aggregate Bond ETF by 2.9% during the second quarter. Charles Schwab Trust Co now owns 6,601,917 shares of the company’s stock valued at $152,702,000 after acquiring an additional 186,945 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in shares of Schwab U.S. Aggregate Bond ETF by 5.7% during the second quarter. Envestnet Asset Management Inc. now owns 3,483,103 shares of the company’s stock valued at $80,564,000 after acquiring an additional 188,635 shares during the last quarter. Finally, Oarsman Capital Inc. raised its stake in shares of Schwab U.S. Aggregate Bond ETF by 2,413.9% during the second quarter. Oarsman Capital Inc. now owns 3,355,112 shares of the company’s stock valued at $77,604,000 after acquiring an additional 3,221,648 shares during the last quarter.

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

Shares of NYSEARCA:SCHZ opened at $22.23 on Tuesday. The firm’s fifty day moving average is $22.47 and its 200-day moving average is $22.85. Schwab U.S. Aggregate Bond ETF has a 52 week low of $21.92 and a 52 week 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.