Range Financial Group LLC Makes New $1.69 Million Investment in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

Range Financial Group LLC purchased a new position in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 74,273 shares of the company’s stock, valued at approximately $1,686,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its position in shares of Schwab U.S. Aggregate Bond ETF by 12.2% in the third quarter. JPMorgan Chase & Co. now owns 6,330,057 shares of the company’s stock valued at $300,804,000 after purchasing an additional 689,398 shares during the period. Charles Schwab Trust Co increased its holdings in Schwab U.S. Aggregate Bond ETF by 87.5% in the 3rd quarter. Charles Schwab Trust Co now owns 2,900,621 shares of the company’s stock valued at $137,838,000 after buying an additional 1,353,589 shares during the period. Rockbridge Investment Management LCC grew its holdings in shares of 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 valued at $135,366,000 after purchasing an additional 263,472 shares during the last quarter. Total Wealth Planning LLC grew its holdings in shares of 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 valued at $79,312,000 after purchasing an additional 236,167 shares during the last quarter. Finally, HighTower Advisors LLC grew its holdings in shares of Schwab U.S. Aggregate Bond ETF by 7.3% during the 3rd quarter. HighTower Advisors LLC now owns 1,454,892 shares of the company’s stock valued at $69,130,000 after purchasing an additional 99,392 shares during the last quarter.

Schwab U.S. Aggregate Bond ETF Stock Down 0.3 %

NYSEARCA:SCHZ traded down $0.07 during mid-day trading on Tuesday, hitting $22.59. 1,423,919 shares of the company’s stock were exchanged, compared to its average volume of 1,153,252. The company has a 50 day simple moving average of $22.96 and a 200-day simple moving average of $23.22. Schwab U.S. Aggregate Bond ETF has a fifty-two week low of $22.26 and a fifty-two week 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.