Envestnet Portfolio Solutions Inc. Acquires 249,068 Shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

Envestnet Portfolio Solutions Inc. lifted its position in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 311.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 328,971 shares of the company’s stock after acquiring an additional 249,068 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Schwab U.S. Aggregate Bond ETF were worth $7,468,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in SCHZ. Avantax Planning Partners Inc. lifted its holdings in shares of Schwab U.S. Aggregate Bond ETF by 107.7% during the 4th quarter. Avantax Planning Partners Inc. now owns 6,511,229 shares of the company’s stock worth $147,805,000 after acquiring an additional 3,375,950 shares during the period. Charles Schwab Trust Co lifted its holdings in shares of Schwab U.S. Aggregate Bond ETF by 103.4% during the 4th quarter. Charles Schwab Trust Co now owns 5,898,795 shares of the company’s stock worth $133,903,000 after acquiring an additional 2,998,174 shares during the period. Total Wealth Planning LLC lifted its holdings in shares of Schwab U.S. Aggregate Bond ETF by 113.8% during the 4th quarter. Total Wealth Planning LLC now owns 3,569,169 shares of the company’s stock worth $81,020,000 after acquiring an additional 1,900,153 shares during the period. HighTower Advisors LLC lifted its holdings in shares of Schwab U.S. Aggregate Bond ETF by 112.5% during the 4th quarter. HighTower Advisors LLC now owns 3,091,537 shares of the company’s stock worth $70,178,000 after acquiring an additional 1,636,645 shares during the period. Finally, Destination Wealth Management lifted its holdings in shares of Schwab U.S. Aggregate Bond ETF by 128.9% during the 4th quarter. Destination Wealth Management now owns 2,419,062 shares of the company’s stock worth $54,913,000 after acquiring an additional 1,362,015 shares during the period.

Schwab U.S. Aggregate Bond ETF Stock Up 0.1 %

Shares of Schwab U.S. Aggregate Bond ETF stock opened at $23.06 on Tuesday. The company has a 50 day moving average of $22.87 and a 200-day moving average of $23.11. Schwab U.S. Aggregate Bond ETF has a 1-year low of $22.26 and a 1-year 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.