JPMorgan Chase & Co. Buys 5,390,455 Shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

JPMorgan Chase & Co. grew its stake in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 85.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 11,720,512 shares of the company’s stock after acquiring an additional 5,390,455 shares during the quarter. JPMorgan Chase & Co. owned about 7.04% of Schwab U.S. Aggregate Bond ETF worth $266,056,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of SCHZ. Avantax Planning Partners Inc. increased its stake in Schwab U.S. Aggregate Bond ETF by 107.7% during the 4th 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 in the last quarter. Charles Schwab Trust Co increased its position in shares of Schwab U.S. Aggregate Bond ETF by 103.4% during 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 in the last quarter. Financial Engines Advisors L.L.C. raised its holdings in Schwab U.S. Aggregate Bond ETF by 100.8% in the 4th quarter. Financial Engines Advisors L.L.C. now owns 5,070,153 shares of the company’s stock worth $115,092,000 after acquiring an additional 2,545,098 shares during the last quarter. Total Wealth Planning LLC lifted its position in Schwab U.S. Aggregate Bond ETF by 113.8% in the 4th quarter. Total Wealth Planning LLC now owns 3,569,169 shares of the company’s stock valued at $81,020,000 after acquiring an additional 1,900,153 shares in the last quarter. Finally, HighTower Advisors LLC boosted its stake in Schwab U.S. Aggregate Bond ETF by 112.5% during the 4th quarter. HighTower Advisors LLC now owns 3,091,537 shares of the company’s stock valued at $70,178,000 after purchasing an additional 1,636,645 shares during the last quarter.

Schwab U.S. Aggregate Bond ETF Price Performance

Schwab U.S. Aggregate Bond ETF stock opened at $23.13 on Monday. Schwab U.S. Aggregate Bond ETF has a 12 month low of $22.26 and a 12 month high of $24.15. The stock has a fifty day simple moving average of $22.96 and a two-hundred day simple moving average of $23.07.

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.