Ridgeline Wealth LLC Buys Shares of 35,622 Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

Ridgeline Wealth LLC purchased a new position in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 35,622 shares of the company’s stock, valued at approximately $809,000. Schwab U.S. Aggregate Bond ETF accounts for approximately 0.7% of Ridgeline Wealth LLC’s holdings, making the stock its 21st biggest position.

A number of other institutional investors and hedge funds have also modified their holdings of the business. JPMorgan Chase & Co. raised its position in shares of Schwab U.S. Aggregate Bond ETF by 12.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 6,330,057 shares of the company’s stock valued at $300,804,000 after acquiring an additional 689,398 shares during the last quarter. Charles Schwab Trust Co increased its holdings in Schwab U.S. Aggregate Bond ETF by 87.5% in the third quarter. Charles Schwab Trust Co now owns 2,900,621 shares of the company’s stock valued at $137,838,000 after purchasing an additional 1,353,589 shares during the last quarter. Rockbridge Investment Management LCC lifted its stake in Schwab U.S. Aggregate Bond ETF by 10.2% in the third quarter. Rockbridge Investment Management LCC now owns 2,848,603 shares of the company’s stock valued at $135,366,000 after buying an additional 263,472 shares during the period. Total Wealth Planning LLC boosted its holdings in Schwab U.S. Aggregate Bond ETF by 16.5% during the third quarter. Total Wealth Planning LLC now owns 1,669,016 shares of the company’s stock worth $79,312,000 after buying an additional 236,167 shares during the last quarter. Finally, HighTower Advisors LLC grew its position in shares of Schwab U.S. Aggregate Bond ETF by 7.3% during the 3rd quarter. HighTower Advisors LLC now owns 1,454,892 shares of the company’s stock worth $69,130,000 after buying an additional 99,392 shares during the period.

Schwab U.S. Aggregate Bond ETF Stock Performance

Shares of NYSEARCA:SCHZ traded down $0.02 during mid-day trading on Monday, reaching $22.66. The stock had a trading volume of 1,077,429 shares, compared to its average volume of 1,063,043. The firm has a 50 day simple moving average of $22.97 and a two-hundred day simple moving average of $23.22. Schwab U.S. Aggregate Bond ETF has a twelve month low of $22.26 and a twelve month high of $24.15.

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.