NewEdge Advisors LLC Has $291,000 Stock Holdings in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

NewEdge Advisors LLC lifted its stake in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 146.6% in the fourth quarter, Holdings Channel.com reports. The fund owned 12,801 shares of the company’s stock after acquiring an additional 7,611 shares during the quarter. NewEdge Advisors LLC’s holdings in Schwab U.S. Aggregate Bond ETF were worth $291,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SCHZ. JPMorgan Chase & Co. lifted its position in shares of Schwab U.S. Aggregate Bond ETF by 85.2% in the 4th quarter. JPMorgan Chase & Co. now owns 11,720,512 shares of the company’s stock worth $266,056,000 after purchasing an additional 5,390,455 shares during the period. Avantax Planning Partners Inc. raised its stake in Schwab U.S. Aggregate Bond ETF by 107.7% during the fourth quarter. Avantax Planning Partners Inc. now owns 6,511,229 shares of the company’s stock worth $147,805,000 after buying an additional 3,375,950 shares during the last quarter. Rockbridge Investment Management LCC lifted its holdings in Schwab U.S. Aggregate Bond ETF by 120.1% in the fourth quarter. Rockbridge Investment Management LCC now owns 6,270,198 shares of the company’s stock valued at $142,334,000 after buying an additional 3,421,595 shares during the period. Charles Schwab Trust Co boosted its position in 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 during the last quarter. Finally, Financial Engines Advisors L.L.C. grew its holdings in Schwab U.S. Aggregate Bond ETF by 100.8% during 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 period.

Schwab U.S. Aggregate Bond ETF Price Performance

SCHZ stock opened at $23.20 on Thursday. The stock has a 50-day moving average price of $23.05 and a 200-day moving average price of $22.97. Schwab U.S. Aggregate Bond ETF has a 1-year low of $22.27 and a 1-year high of $24.15.

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.