Exchange Capital Management Inc. Decreases Holdings in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

Exchange Capital Management Inc. reduced its position in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 1.6% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 28,695 shares of the company’s stock after selling 475 shares during the period. Exchange Capital Management Inc.’s holdings in Schwab U.S. Aggregate Bond ETF were worth $1,320,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of SCHZ. Cerity Partners LLC lifted its holdings in Schwab U.S. Aggregate Bond ETF by 4,670.8% in the fourth quarter. Cerity Partners LLC now owns 4,298,526 shares of the company’s stock valued at $200,397,000 after acquiring an additional 4,208,425 shares during the period. JPMorgan Chase & Co. increased its position in shares of Schwab U.S. Aggregate Bond ETF by 4,218.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,419,519 shares of the company’s stock valued at $107,015,000 after purchasing an additional 2,363,488 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in shares of Schwab U.S. Aggregate Bond ETF by 9.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 26,820,056 shares of the company’s stock worth $1,250,351,000 after purchasing an additional 2,206,210 shares during the period. Goldman Sachs Group Inc. lifted its stake in shares of Schwab U.S. Aggregate Bond ETF by 34.3% in the 4th quarter. Goldman Sachs Group Inc. now owns 2,507,416 shares of the company’s stock worth $116,896,000 after purchasing an additional 640,151 shares during the period. Finally, Alliance Wealth Management Group purchased a new position in shares of Schwab U.S. Aggregate Bond ETF in the fourth quarter worth approximately $23,755,000.

Schwab U.S. Aggregate Bond ETF Stock Up 0.2 %

SCHZ stock traded up $0.11 during midday trading on Tuesday, reaching $45.31. 423,866 shares of the company’s stock traded hands, compared to its average volume of 761,055. Schwab U.S. Aggregate Bond ETF has a 52-week low of $43.05 and a 52-week high of $47.00. The stock’s 50-day moving average is $45.39 and its 200 day moving average is $45.73.

Schwab U.S. Aggregate Bond ETF Company 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.