HighTower Advisors LLC Grows Stock Holdings in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

HighTower Advisors LLC raised its position in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 112.5% during the fourth quarter, HoldingsChannel reports. The firm owned 3,091,537 shares of the company’s stock after purchasing an additional 1,636,645 shares during the period. HighTower Advisors LLC’s holdings in Schwab U.S. Aggregate Bond ETF were worth $70,178,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in SCHZ. Archer Investment Corp purchased a new position in shares of Schwab U.S. Aggregate Bond ETF in the third quarter worth about $26,000. Westside Investment Management Inc. increased its holdings in shares of Schwab U.S. Aggregate Bond ETF by 100.0% in the fourth quarter. Westside Investment Management Inc. now owns 1,116 shares of the company’s stock worth $25,000 after buying an additional 558 shares during the period. Pinnacle Family Advisors LLC increased its holdings in shares of Schwab U.S. Aggregate Bond ETF by 3.2% in the third quarter. Pinnacle Family Advisors LLC now owns 19,157 shares of the company’s stock worth $910,000 after buying an additional 592 shares during the period. Legacy Bridge LLC increased its holdings in shares of Schwab U.S. Aggregate Bond ETF by 100.0% in the fourth quarter. Legacy Bridge LLC now owns 1,530 shares of the company’s stock worth $35,000 after buying an additional 765 shares during the period. Finally, Financial Management Professionals Inc. grew its stake in shares of Schwab U.S. Aggregate Bond ETF by 100.0% in the fourth quarter. Financial Management Professionals Inc. now owns 1,564 shares of the company’s stock worth $36,000 after purchasing an additional 782 shares during the last quarter.

Schwab U.S. Aggregate Bond ETF Price Performance

NYSEARCA SCHZ opened at $23.01 on Thursday. Schwab U.S. Aggregate Bond ETF has a 1 year low of $22.26 and a 1 year high of $24.15. The business’s 50-day moving average is $22.85 and its 200 day moving average is $23.13.

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.