Prime Capital Investment Advisors LLC Trims Stake in Schwab U.S. Aggregate Bond ETF $SCHZ

Prime Capital Investment Advisors LLC reduced its holdings in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 79.4% in the second quarter, Holdings Channel reports. The institutional investor owned 36,706 shares of the company’s stock after selling 141,753 shares during the period. Prime Capital Investment Advisors LLC’s holdings in Schwab U.S. Aggregate Bond ETF were worth $853,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the business. JPMorgan Chase & Co. lifted its position in Schwab U.S. Aggregate Bond ETF by 4.7% during the first quarter. JPMorgan Chase & Co. now owns 12,267,223 shares of the company’s stock valued at $284,109,000 after purchasing an additional 546,711 shares in the last quarter. Avantax Planning Partners Inc. raised its stake in shares of Schwab U.S. Aggregate Bond ETF by 4.2% in the first quarter. Avantax Planning Partners Inc. now owns 6,787,890 shares of the company’s stock worth $157,208,000 after buying an additional 276,661 shares during the period. Charles Schwab Trust Co raised its stake in shares of Schwab U.S. Aggregate Bond ETF by 3.2% in the second quarter. Charles Schwab Trust Co now owns 5,587,068 shares of the company’s stock worth $129,843,000 after buying an additional 175,554 shares during the period. Total Wealth Planning LLC raised its stake in shares of Schwab U.S. Aggregate Bond ETF by 1.6% in the second quarter. Total Wealth Planning LLC now owns 3,807,960 shares of the company’s stock worth $88,497,000 after buying an additional 60,167 shares during the period. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in Schwab U.S. Aggregate Bond ETF by 7.4% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 3,691,159 shares of the company’s stock worth $85,487,000 after acquiring an additional 254,568 shares in the last quarter.

Schwab U.S. Aggregate Bond ETF Price Performance

Schwab U.S. Aggregate Bond ETF stock opened at $23.42 on Friday. The firm has a 50 day moving average of $23.35 and a 200 day moving average of $23.10. Schwab U.S. Aggregate Bond ETF has a 12-month low of $22.43 and a 12-month high of $23.65.

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.