Northwestern Mutual Wealth Management Co. Purchases 110,709 Shares of Schwab U.S. Aggregate Bond ETF $SCHZ

Northwestern Mutual Wealth Management Co. boosted its position in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 28.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 504,408 shares of the company’s stock after purchasing an additional 110,709 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Schwab U.S. Aggregate Bond ETF were worth $11,788,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Fortis Capital Advisors LLC bought a new position in Schwab U.S. Aggregate Bond ETF during the 3rd quarter valued at about $1,053,000. Belpointe Asset Management LLC bought a new position in Schwab U.S. Aggregate Bond ETF during the 3rd quarter valued at about $1,053,000. Chatterton & Associates Inc. bought a new position in Schwab U.S. Aggregate Bond ETF during the 4th quarter valued at about $3,996,000. Breakthru Advisory Services LLC lifted its holdings in Schwab U.S. Aggregate Bond ETF by 8.4% during the 4th quarter. Breakthru Advisory Services LLC now owns 385,142 shares of the company’s stock valued at $9,001,000 after purchasing an additional 29,815 shares during the last quarter. Finally, Ascent Group LLC lifted its holdings in Schwab U.S. Aggregate Bond ETF by 87.2% during the 4th quarter. Ascent Group LLC now owns 628,347 shares of the company’s stock valued at $14,684,000 after purchasing an additional 292,644 shares during the last quarter.

Schwab U.S. Aggregate Bond ETF Price Performance

Shares of SCHZ stock opened at $22.99 on Friday. Schwab U.S. Aggregate Bond ETF has a 12-month low of $22.64 and a 12-month high of $23.73. The firm has a 50-day moving average price of $23.18 and a 200 day moving average price of $23.36.

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.