Schwab U.S. Aggregate Bond ETF $SCHZ Position Lifted by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC grew its stake in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 8.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,951,537 shares of the company’s stock after acquiring an additional 321,319 shares during the period. Wealth Enhancement Advisory Services LLC owned about 0.97% of Schwab U.S. Aggregate Bond ETF worth $92,466,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Cooper Financial Group grew its stake in Schwab U.S. Aggregate Bond ETF by 3.8% in the fourth quarter. Cooper Financial Group now owns 15,588 shares of the company’s stock worth $364,000 after purchasing an additional 570 shares in the last quarter. Magnus Financial Group LLC bought a new position in Schwab U.S. Aggregate Bond ETF during the 4th quarter worth approximately $250,000. Stonekeep Investments LLC grew its position in shares of Schwab U.S. Aggregate Bond ETF by 10.7% in the 4th quarter. Stonekeep Investments LLC now owns 212,585 shares of the company’s stock worth $4,968,000 after acquiring an additional 20,555 shares in the last quarter. RDA Financial Network increased its holdings in shares of Schwab U.S. Aggregate Bond ETF by 2.3% in the 4th quarter. RDA Financial Network now owns 90,653 shares of the company’s stock valued at $2,119,000 after acquiring an additional 2,043 shares during the last quarter. Finally, Avior Wealth Management LLC increased its holdings in shares of Schwab U.S. Aggregate Bond ETF by 6.7% in the 4th quarter. Avior Wealth Management LLC now owns 319,946 shares of the company’s stock valued at $7,477,000 after acquiring an additional 20,116 shares during the last quarter.

Schwab U.S. Aggregate Bond ETF Stock Performance

Shares of SCHZ opened at $23.07 on Friday. The business’s fifty day moving average price is $23.45 and its 200 day moving average price is $23.46. Schwab U.S. Aggregate Bond ETF has a 12-month low of $22.52 and a 12-month high of $23.73.

Schwab U.S. Aggregate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, March 6th. Stockholders of record on Monday, March 2nd were given a $0.0772 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date was Monday, March 2nd.

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.