Oarsman Capital Inc. Boosts Stake in Schwab U.S. Aggregate Bond ETF $SCHZ

Oarsman Capital Inc. increased its holdings in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 2,413.9% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 3,355,112 shares of the company’s stock after buying an additional 3,221,648 shares during the quarter. Schwab U.S. Aggregate Bond ETF comprises approximately 5.8% of Oarsman Capital Inc.’s portfolio, making the stock its 3rd largest holding. Oarsman Capital Inc.’s holdings in Schwab U.S. Aggregate Bond ETF were worth $77,604,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in SCHZ. JPMorgan Chase & Co. boosted its holdings 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 valued at $294,187,000 after purchasing an additional 451,820 shares in the last quarter. Rockbridge Investment Management LCC grew its stake in shares of Schwab U.S. Aggregate Bond ETF by 8.2% in the 1st quarter. Rockbridge Investment Management LCC now owns 9,693,597 shares of the company’s stock valued at $225,085,000 after purchasing an additional 735,662 shares during the period. Avantax Planning Partners Inc. raised its holdings in shares of Schwab U.S. Aggregate Bond ETF by 3.5% in the 1st quarter. Avantax Planning Partners Inc. now owns 7,710,661 shares of the company’s stock worth $179,042,000 after buying an additional 263,321 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in shares of 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 worth $173,387,000 after buying an additional 98,660 shares in the last quarter. Finally, Charles Schwab Trust Co raised its holdings in shares of Schwab U.S. Aggregate Bond ETF by 2.9% in the 2nd quarter. Charles Schwab Trust Co now owns 6,601,917 shares of the company’s stock worth $152,702,000 after buying an additional 186,945 shares in the last quarter.

Schwab U.S. Aggregate Bond ETF Stock Performance

Schwab U.S. Aggregate Bond ETF stock opened at $22.79 on Monday. The business has a 50 day simple moving average of $22.90 and a 200 day simple moving average of $23.12. Schwab U.S. Aggregate Bond ETF has a one year low of $22.69 and a one year high of $23.73.

Schwab U.S. Aggregate Bond ETF Company 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.