Lathrop Investment Management Corp Raises Stock Position in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

Lathrop Investment Management Corp raised its stake in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 22.2% during the fourth quarter, Holdings Channel reports. The firm owned 26,320 shares of the company’s stock after buying an additional 4,779 shares during the quarter. Lathrop Investment Management Corp’s holdings in Schwab U.S. Aggregate Bond ETF were worth $1,227,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Cerity Partners LLC boosted its stake in Schwab U.S. Aggregate Bond ETF by 4,670.8% in the 4th quarter. Cerity Partners LLC now owns 4,298,526 shares of the company’s stock worth $200,397,000 after purchasing an additional 4,208,425 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in Schwab U.S. Aggregate Bond ETF by 4,218.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,419,519 shares of the company’s stock worth $107,015,000 after purchasing an additional 2,363,488 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Schwab U.S. Aggregate Bond ETF by 3.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 24,613,846 shares of the company’s stock valued at $1,088,670,000 after acquiring an additional 742,887 shares during the period. Alliance Wealth Management Group bought a new position in Schwab U.S. Aggregate Bond ETF during the 4th quarter valued at about $23,755,000. Finally, HighTower Advisors LLC lifted its stake in Schwab U.S. Aggregate Bond ETF by 31.7% during the 3rd quarter. HighTower Advisors LLC now owns 1,361,954 shares of the company’s stock valued at $60,221,000 after acquiring an additional 327,860 shares during the period.

Schwab U.S. Aggregate Bond ETF Price Performance

SCHZ traded up $0.10 during midday trading on Friday, hitting $44.77. 381,592 shares of the company traded hands, compared to its average volume of 881,711. The company’s 50-day moving average is $45.51 and its 200 day moving average is $45.40. Schwab U.S. Aggregate Bond ETF has a 52 week low of $43.05 and a 52 week high of $47.26.

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.