Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) Shares Acquired by Alliance Wealth Management Group

Alliance Wealth Management Group boosted its holdings in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 94.5% during the fourth quarter, Holdings Channel.com reports. The fund owned 1,067,905 shares of the company’s stock after acquiring an additional 518,961 shares during the period. Schwab U.S. Aggregate Bond ETF accounts for 6.3% of Alliance Wealth Management Group’s investment portfolio, making the stock its 2nd largest holding. Alliance Wealth Management Group’s holdings in Schwab U.S. Aggregate Bond ETF were worth $24,241,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. grew its position in shares of Schwab U.S. Aggregate Bond ETF by 85.2% in the fourth quarter. JPMorgan Chase & Co. now owns 11,720,512 shares of the company’s stock valued at $266,056,000 after purchasing an additional 5,390,455 shares during the last quarter. Rockbridge Investment Management LCC grew its holdings in Schwab U.S. Aggregate Bond ETF by 120.1% during the 4th 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 last quarter. Avantax Planning Partners Inc. grew its holdings in Schwab U.S. Aggregate Bond ETF by 107.7% during the 4th quarter. Avantax Planning Partners Inc. now owns 6,511,229 shares of the company’s stock valued at $147,805,000 after buying an additional 3,375,950 shares during the last quarter. Charles Schwab Trust Co increased 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 worth $133,903,000 after buying an additional 2,998,174 shares in the last quarter. Finally, Financial Engines Advisors L.L.C. raised its holdings in shares of Schwab U.S. Aggregate Bond ETF by 100.8% in the fourth 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 last quarter.

Schwab U.S. Aggregate Bond ETF Stock Up 0.1 %

SCHZ opened at $23.16 on Tuesday. The business’s fifty day simple moving average is $22.97 and its 200 day simple moving average is $23.07. Schwab U.S. Aggregate Bond ETF has a 52 week low of $22.26 and a 52 week 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.