January Capital Advisors LLC Increases Position in Schwab U.S. Aggregate Bond ETF $SCHZ

January Capital Advisors LLC grew its position in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 734.2% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 341,513 shares of the company’s stock after acquiring an additional 300,572 shares during the period. Schwab U.S. Aggregate Bond ETF comprises approximately 6.7% of January Capital Advisors LLC’s portfolio, making the stock its 7th largest position. January Capital Advisors LLC’s holdings in Schwab U.S. Aggregate Bond ETF were worth $7,899,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in SCHZ. JPMorgan Chase & Co. lifted its holdings in Schwab U.S. Aggregate Bond ETF by 3.7% during the fourth quarter. JPMorgan Chase & Co. now owns 12,588,220 shares of the company’s stock worth $294,187,000 after acquiring an additional 451,820 shares in the last quarter. Rockbridge Investment Management LCC increased its holdings in shares of Schwab U.S. Aggregate Bond ETF by 8.2% in the first quarter. Rockbridge Investment Management LCC now owns 9,693,597 shares of the company’s stock worth $225,085,000 after acquiring an additional 735,662 shares in the last quarter. Avantax Planning Partners Inc. increased its holdings in shares of Schwab U.S. Aggregate Bond ETF by 3.5% in the first quarter. Avantax Planning Partners Inc. now owns 7,710,661 shares of the company’s stock worth $179,042,000 after acquiring an additional 263,321 shares in the last quarter. Ameriprise Financial Inc. raised its position in shares of Schwab U.S. Aggregate Bond ETF by 1.3% during the second quarter. Ameriprise Financial Inc. now owns 7,450,294 shares of the company’s stock worth $173,387,000 after purchasing an additional 98,660 shares during the period. Finally, Charles Schwab Trust Co raised its position in shares of Schwab U.S. Aggregate Bond ETF by 2.9% during the second quarter. Charles Schwab Trust Co now owns 6,601,917 shares of the company’s stock worth $152,702,000 after purchasing an additional 186,945 shares during the period.

Schwab U.S. Aggregate Bond ETF Stock Performance

Shares of SCHZ opened at $22.67 on Monday. The stock has a 50 day simple moving average of $22.85 and a 200 day simple moving average of $23.09. Schwab U.S. Aggregate Bond ETF has a 52-week low of $22.60 and a 52-week high of $23.73.

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.