HighTower Advisors LLC Raises Position in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

HighTower Advisors LLC increased its holdings in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 112.5% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,091,537 shares of the company’s stock after buying an additional 1,636,645 shares during the period. HighTower Advisors LLC owned 1.86% of Schwab U.S. Aggregate Bond ETF worth $70,178,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Archer Investment Corp purchased a new stake in shares of Schwab U.S. Aggregate Bond ETF in the third quarter worth $26,000. Westside Investment Management Inc. raised its position 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 in the last quarter. Thompson Investment Management Inc. raised its position in shares of Schwab U.S. Aggregate Bond ETF by 2,001.8% in the fourth quarter. Thompson Investment Management Inc. now owns 1,198 shares of the company’s stock worth $27,000 after buying an additional 1,141 shares in the last quarter. Key Financial Inc purchased a new stake in Schwab U.S. Aggregate Bond ETF during the fourth quarter valued at about $32,000. Finally, Modus Advisors LLC purchased a new stake in Schwab U.S. Aggregate Bond ETF during the fourth quarter valued at about $33,000.

Schwab U.S. Aggregate Bond ETF Stock Performance

NYSEARCA SCHZ opened at $23.01 on Thursday. The stock’s 50-day simple moving average is $22.85 and its two-hundred day simple moving average is $23.13. 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.