January Capital Advisors LLC Makes New Investment in Schwab U.S. Aggregate Bond ETF $SCHZ

January Capital Advisors LLC acquired a new stake in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) in the 1st quarter, Holdings Channel.com reports. The fund acquired 40,941 shares of the company’s stock, valued at approximately $951,000. Schwab U.S. Aggregate Bond ETF comprises approximately 1.3% of January Capital Advisors LLC’s holdings, making the stock its 17th biggest position.

A number of other institutional investors have also recently modified their holdings of the stock. Godfrey Financial Associates Inc. acquired a new position in Schwab U.S. Aggregate Bond ETF in the fourth quarter valued at about $25,000. Newport Capital Group LLC acquired a new stake in Schwab U.S. Aggregate Bond ETF during the fourth quarter worth about $25,000. LGT Financial Advisors LLC increased its holdings in Schwab U.S. Aggregate Bond ETF by 868.6% in the 3rd quarter. LGT Financial Advisors LLC now owns 1,172 shares of the company’s stock valued at $28,000 after buying an additional 1,051 shares during the period. Gilpin Wealth Management LLC bought a new position in Schwab U.S. Aggregate Bond ETF in the 4th quarter valued at about $28,000. Finally, PNC Financial Services Group Inc. bought a new position in Schwab U.S. Aggregate Bond ETF in the 1st quarter valued at about $37,000.

Schwab U.S. Aggregate Bond ETF Stock Performance

Shares of NYSEARCA:SCHZ opened at $22.83 on Friday. The firm has a 50 day moving average of $23.01 and a 200-day moving average of $23.21. Schwab U.S. Aggregate Bond ETF has a 12 month low of $22.73 and a 12 month 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.