Ameriprise Financial Inc. Has $129.77 Million Stake in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

Ameriprise Financial Inc. increased its stake in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 28.6% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,769,267 shares of the company’s stock after acquiring an additional 616,365 shares during the period. Ameriprise Financial Inc. owned about 1.84% of Schwab U.S. Aggregate Bond ETF worth $129,774,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. BCK Partners Inc. acquired a new stake in Schwab U.S. Aggregate Bond ETF in the 1st quarter valued at $1,848,000. JPMorgan Chase & Co. grew its position in shares of Schwab U.S. Aggregate Bond ETF by 3.1% in the 1st quarter. JPMorgan Chase & Co. now owns 8,321 shares of the company’s stock valued at $421,000 after acquiring an additional 251 shares during the period. US Bancorp DE grew its position in shares of Schwab U.S. Aggregate Bond ETF by 23.9% in the 1st quarter. US Bancorp DE now owns 1,555 shares of the company’s stock valued at $79,000 after acquiring an additional 300 shares during the period. Cetera Investment Advisers grew its position in shares of Schwab U.S. Aggregate Bond ETF by 8.9% in the 1st quarter. Cetera Investment Advisers now owns 26,414 shares of the company’s stock valued at $1,336,000 after acquiring an additional 2,160 shares during the period. Finally, Baird Financial Group Inc. grew its position in shares of Schwab U.S. Aggregate Bond ETF by 0.8% in the 1st quarter. Baird Financial Group Inc. now owns 42,900 shares of the company’s stock valued at $2,169,000 after acquiring an additional 341 shares during the period.

Schwab U.S. Aggregate Bond ETF Price Performance

Shares of SCHZ opened at $44.91 on Monday. The firm has a 50-day moving average of $45.45 and a 200-day moving average of $46.09. Schwab U.S. Aggregate Bond ETF has a one year low of $43.86 and a one year high of $47.60.

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.