Schwab U.S. Aggregate Bond ETF $SCHZ Shares Purchased by Cahill Financial Advisors Inc.

Cahill Financial Advisors Inc. raised its position in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 119.4% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 78,918 shares of the company’s stock after purchasing an additional 42,953 shares during the period. Cahill Financial Advisors Inc.’s holdings in Schwab U.S. Aggregate Bond ETF were worth $1,852,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of SCHZ. JPMorgan Chase & Co. lifted its stake in shares of Schwab U.S. Aggregate Bond ETF by 1.3% in the second quarter. JPMorgan Chase & Co. now owns 12,425,217 shares of the company’s stock worth $288,762,000 after acquiring an additional 157,994 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in Schwab U.S. Aggregate Bond ETF by 1.3% during the 2nd 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 last quarter. Rockbridge Investment Management LCC raised its position in shares of Schwab U.S. Aggregate Bond ETF by 6.9% in the 2nd quarter. Rockbridge Investment Management LCC now owns 7,382,880 shares of the company’s stock valued at $171,578,000 after purchasing an additional 477,759 shares in the last quarter. Avantax Planning Partners Inc. boosted its stake in shares of Schwab U.S. Aggregate Bond ETF by 2.8% during the 3rd quarter. Avantax Planning Partners Inc. now owns 7,183,067 shares of the company’s stock valued at $168,587,000 after buying an additional 195,216 shares during the last quarter. Finally, Charles Schwab Trust Co grew its position in shares of Schwab U.S. Aggregate Bond ETF by 6.4% during the third quarter. Charles Schwab Trust Co now owns 5,946,824 shares of the company’s stock worth $139,572,000 after buying an additional 359,756 shares in the last quarter.

Schwab U.S. Aggregate Bond ETF Stock Performance

Shares of NYSEARCA:SCHZ opened at $23.44 on Friday. The company has a fifty day simple moving average of $23.43 and a 200 day simple moving average of $23.38. Schwab U.S. Aggregate Bond ETF has a 12-month low of $22.52 and a 12-month high of $23.71.

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.