Focus Partners Wealth Has $496,000 Stake in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

Focus Partners Wealth raised its stake in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 25.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 21,863 shares of the company’s stock after purchasing an additional 4,480 shares during the period. Focus Partners Wealth’s holdings in Schwab U.S. Aggregate Bond ETF were worth $496,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of SCHZ. JPMorgan Chase & Co. increased its holdings in shares of Schwab U.S. Aggregate Bond ETF by 85.2% in the fourth quarter. JPMorgan Chase & Co. now owns 11,720,512 shares of the company’s stock valued at $266,056,000 after purchasing an additional 5,390,455 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in shares of Schwab U.S. Aggregate Bond ETF by 108.0% in the fourth quarter. Ameriprise Financial Inc. now owns 8,631,799 shares of the company’s stock valued at $195,933,000 after purchasing an additional 4,481,369 shares during the last quarter. Rockbridge Investment Management LCC increased its holdings in shares of Schwab U.S. Aggregate Bond ETF by 120.1% in the fourth quarter. Rockbridge Investment Management LCC now owns 6,270,198 shares of the company’s stock valued at $142,334,000 after purchasing an additional 3,421,595 shares during the last quarter. Avantax Planning Partners Inc. increased its holdings in shares of Schwab U.S. Aggregate Bond ETF by 107.7% in the fourth quarter. Avantax Planning Partners Inc. now owns 6,511,229 shares of the company’s stock valued at $147,805,000 after purchasing an additional 3,375,950 shares during the last quarter. Finally, Charles Schwab Trust Co boosted its position in shares of Schwab U.S. Aggregate Bond ETF by 103.4% in the fourth quarter. Charles Schwab Trust Co now owns 5,898,795 shares of the company’s stock valued at $133,903,000 after acquiring an additional 2,998,174 shares during the period.

Schwab U.S. Aggregate Bond ETF Price Performance

Shares of Schwab U.S. Aggregate Bond ETF stock opened at $22.82 on Wednesday. The firm has a 50-day moving average of $22.99 and a 200-day moving average of $22.93. Schwab U.S. Aggregate Bond ETF has a 52-week low of $22.43 and a 52-week high of $24.15.

Schwab U.S. Aggregate Bond ETF 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.