Exchange Capital Management Inc. Sells 475 Shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

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

Several other institutional investors also recently added to or reduced their stakes in the stock. Charles Schwab Investment Management Inc. grew its position in Schwab U.S. Aggregate Bond ETF by 9.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 26,820,056 shares of the company’s stock valued at $1,250,351,000 after buying an additional 2,206,210 shares during the period. Cerity Partners LLC boosted its position in Schwab U.S. Aggregate Bond ETF by 4,670.8% during the fourth quarter. Cerity Partners LLC now owns 4,298,526 shares of the company’s stock worth $200,397,000 after purchasing an additional 4,208,425 shares during the period. Ameriprise Financial Inc. boosted its position in Schwab U.S. Aggregate Bond ETF by 8.3% during the third quarter. Ameriprise Financial Inc. now owns 3,255,637 shares of the company’s stock worth $144,052,000 after purchasing an additional 249,045 shares during the period. Goldman Sachs Group Inc. boosted its position in Schwab U.S. Aggregate Bond ETF by 34.3% during the fourth 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, JPMorgan Chase & Co. boosted its position in Schwab U.S. Aggregate Bond ETF by 4,218.2% during the third quarter. JPMorgan Chase & Co. now owns 2,419,519 shares of the company’s stock worth $107,015,000 after purchasing an additional 2,363,488 shares during the period.

Schwab U.S. Aggregate Bond ETF Price Performance

NYSEARCA:SCHZ traded up $0.11 on Tuesday, reaching $45.31. 423,866 shares of the company’s stock were exchanged, 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 has a fifty day simple moving average of $45.39 and a 200-day simple moving average of $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.