JPMorgan Chase & Co. Acquires 689,398 Shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

JPMorgan Chase & Co. grew its holdings in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 12.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,330,057 shares of the company’s stock after purchasing an additional 689,398 shares during the period. JPMorgan Chase & Co. owned approximately 3.80% of Schwab U.S. Aggregate Bond ETF worth $300,804,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. Charles Schwab Trust Co lifted its position in shares of Schwab U.S. Aggregate Bond ETF by 87.5% during the third quarter. Charles Schwab Trust Co now owns 2,900,621 shares of the company’s stock worth $137,838,000 after acquiring an additional 1,353,589 shares in the last quarter. Rockbridge Investment Management LCC lifted its holdings in Schwab U.S. Aggregate Bond ETF by 10.2% during the 3rd quarter. Rockbridge Investment Management LCC now owns 2,848,603 shares of the company’s stock worth $135,366,000 after purchasing an additional 263,472 shares in the last quarter. Total Wealth Planning LLC lifted its holdings in Schwab U.S. Aggregate Bond ETF by 16.5% during the 3rd quarter. Total Wealth Planning LLC now owns 1,669,016 shares of the company’s stock worth $79,312,000 after purchasing an additional 236,167 shares in the last quarter. HighTower Advisors LLC boosted its stake in Schwab U.S. Aggregate Bond ETF by 7.3% in the 3rd quarter. HighTower Advisors LLC now owns 1,454,892 shares of the company’s stock worth $69,130,000 after purchasing an additional 99,392 shares during the period. Finally, Theory Financial LLC grew its holdings in Schwab U.S. Aggregate Bond ETF by 112.0% during the 3rd quarter. Theory Financial LLC now owns 1,249,993 shares of the company’s stock valued at $59,400,000 after buying an additional 660,264 shares in the last quarter.

Schwab U.S. Aggregate Bond ETF Price Performance

Shares of Schwab U.S. Aggregate Bond ETF stock opened at $22.63 on Monday. The company’s 50-day moving average price is $23.01 and its 200-day moving average price is $23.23. Schwab U.S. Aggregate Bond ETF has a 12-month low of $22.26 and a 12-month high of $24.15.

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.