HighTower Advisors LLC Purchases 161,354 Shares of Schwab U.S. Aggregate Bond ETF $SCHZ

HighTower Advisors LLC raised its position in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZFree Report) by 4.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,812,953 shares of the company’s stock after acquiring an additional 161,354 shares during the quarter. HighTower Advisors LLC’s holdings in Schwab U.S. Aggregate Bond ETF were worth $89,490,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Brighton Jones LLC acquired a new stake in shares of Schwab U.S. Aggregate Bond ETF in the fourth quarter valued at approximately $317,000. AQR Capital Management LLC lifted its holdings in Schwab U.S. Aggregate Bond ETF by 15.9% during the 1st quarter. AQR Capital Management LLC now owns 14,212 shares of the company’s stock valued at $329,000 after purchasing an additional 1,948 shares during the last quarter. Focus Partners Wealth boosted its position in Schwab U.S. Aggregate Bond ETF by 28.9% during the first quarter. Focus Partners Wealth now owns 28,189 shares of the company’s stock worth $653,000 after purchasing an additional 6,326 shares during the period. US Bancorp DE increased its holdings in shares of Schwab U.S. Aggregate Bond ETF by 1.7% in the second quarter. US Bancorp DE now owns 33,083 shares of the company’s stock valued at $769,000 after purchasing an additional 551 shares during the last quarter. Finally, RFG Advisory LLC bought a new position in shares of Schwab U.S. Aggregate Bond ETF in the second quarter valued at about $233,000.

Schwab U.S. Aggregate Bond ETF Trading Up 0.3%

Shares of SCHZ opened at $23.62 on Monday. The firm’s 50-day simple moving average is $23.41 and its 200 day simple moving average is $23.42. Schwab U.S. Aggregate Bond ETF has a 52 week low of $22.52 and a 52 week high of $23.71.

Schwab U.S. Aggregate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, February 6th. Shareholders of record on Monday, February 2nd were given a dividend of $0.085 per share. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date was Monday, February 2nd. This is a positive change from Schwab U.S. Aggregate Bond ETF’s previous monthly dividend of $0.07.

About Schwab U.S. Aggregate Bond ETF

(Free Report)

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.

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Institutional Ownership by Quarter for Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

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