Phillips Financial Management LLC Has $5.10 Million Holdings in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

Phillips Financial Management LLC raised its stake in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 97.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 224,622 shares of the company’s stock after purchasing an additional 110,969 shares during the period. Phillips Financial Management LLC owned approximately 0.13% of Schwab U.S. Aggregate Bond ETF worth $5,099,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of SCHZ. Bush Investment Group LLC increased its stake in Schwab U.S. Aggregate Bond ETF by 3.7% during the third quarter. Bush Investment Group LLC now owns 38,288 shares of the company’s stock valued at $1,819,000 after acquiring an additional 1,381 shares during the period. Forthright Family Wealth Advisory LLC raised its stake in shares of Schwab U.S. Aggregate Bond ETF by 184.7% in the third quarter. Forthright Family Wealth Advisory LLC now owns 405,421 shares of the company’s stock valued at $19,266,000 after purchasing an additional 263,027 shares in the last quarter. Independent Solutions Wealth Management LLC boosted its stake in Schwab U.S. Aggregate Bond ETF by 9.8% during the third quarter. Independent Solutions Wealth Management LLC now owns 153,990 shares of the company’s stock worth $7,318,000 after buying an additional 13,731 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of Schwab U.S. Aggregate Bond ETF by 12.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 6,330,057 shares of the company’s stock valued at $300,804,000 after buying an additional 689,398 shares in the last quarter. Finally, Atomi Financial Group Inc. acquired a new stake in shares of Schwab U.S. Aggregate Bond ETF during the 4th quarter valued at about $234,000.

Schwab U.S. Aggregate Bond ETF Stock Performance

Shares of SCHZ opened at $23.01 on Thursday. The company has a 50-day moving average price of $22.85 and a two-hundred day moving average price of $23.13. Schwab U.S. Aggregate Bond ETF has a 12 month low of $22.26 and a 12 month high of $24.15.

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.