HighTower Advisors LLC Raises Stake in Schwab U.S. Aggregate Bond ETF $SCHZ

HighTower Advisors LLC increased its stake in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 8.0% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 4,117,942 shares of the company’s stock after purchasing an additional 304,989 shares during the period. HighTower Advisors LLC owned 0.99% of Schwab U.S. Aggregate Bond ETF worth $96,236,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Rockbridge Investment Management LCC lifted its holdings in 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 worth $209,347,000 after purchasing an additional 999,097 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in shares of Schwab U.S. Aggregate Bond ETF by 1.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 7,450,294 shares of the company’s stock valued at $173,387,000 after acquiring an additional 98,660 shares in the last quarter. Avantax Planning Partners Inc. raised its holdings in shares of Schwab U.S. Aggregate Bond ETF by 3.7% in the 4th quarter. Avantax Planning Partners Inc. now owns 7,447,340 shares of the company’s stock valued at $174,044,000 after acquiring an additional 264,273 shares in the last quarter. Charles Schwab Trust Co raised its holdings in shares of Schwab U.S. Aggregate Bond ETF by 4.5% in the 4th quarter. Charles Schwab Trust Co now owns 6,215,188 shares of the company’s stock valued at $145,249,000 after acquiring an additional 268,364 shares in the last quarter. Finally, Financial Engines Advisors L.L.C. raised its holdings in shares of Schwab U.S. Aggregate Bond ETF by 10.7% in 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 acquiring an additional 524,573 shares in the last quarter.

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

NYSEARCA:SCHZ opened at $22.84 on Wednesday. The business’s 50-day moving average price is $23.20 and its two-hundred day moving average price is $23.37. Schwab U.S. Aggregate Bond ETF has a twelve month low of $22.64 and a twelve month high of $23.73.

About Schwab U.S. Aggregate Bond ETF

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.