Midwest Capital Advisors LLC Trims Holdings in Schwab U.S. Aggregate Bond ETF $SCHZ

Midwest Capital Advisors LLC cut its position in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 73.9% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 20,982 shares of the company’s stock after selling 59,535 shares during the quarter. Midwest Capital Advisors LLC’s holdings in Schwab U.S. Aggregate Bond ETF were worth $487,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. boosted its position 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 during the last quarter. Rockbridge Investment Management LCC raised its holdings in Schwab U.S. Aggregate Bond ETF by 12.6% in the 4th quarter. Rockbridge Investment Management LCC now owns 8,957,935 shares of the company’s stock valued at $209,347,000 after acquiring an additional 999,097 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in Schwab U.S. Aggregate Bond ETF by 1.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 7,450,294 shares of the company’s stock valued at $173,387,000 after acquiring an additional 98,660 shares during the last quarter. Avantax Planning Partners Inc. lifted its stake in shares of Schwab U.S. Aggregate Bond ETF by 3.7% during the 4th quarter. Avantax Planning Partners Inc. now owns 7,447,340 shares of the company’s stock worth $174,044,000 after purchasing an additional 264,273 shares during the period. Finally, Charles Schwab Trust Co boosted its holdings in shares of Schwab U.S. Aggregate Bond ETF by 4.5% during the fourth quarter. Charles Schwab Trust Co now owns 6,215,188 shares of the company’s stock worth $145,249,000 after purchasing an additional 268,364 shares during the last quarter.

Schwab U.S. Aggregate Bond ETF Stock Down 0.4%

Shares of NYSEARCA:SCHZ opened at $23.04 on Thursday. The business has a fifty day simple moving average of $23.10 and a 200-day simple moving average of $23.28. Schwab U.S. Aggregate Bond ETF has a 52 week low of $22.77 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.