Mission Wealth Management LP Takes $1.50 Million Position in Schwab U.S. Aggregate Bond ETF $SCHZ

Mission Wealth Management LP bought a new stake in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) during the third quarter, HoldingsChannel.com reports. The fund bought 64,006 shares of the company’s stock, valued at approximately $1,502,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Alliance Wealth Management Group boosted its holdings in shares of Schwab U.S. Aggregate Bond ETF by 3.5% during the third quarter. Alliance Wealth Management Group now owns 1,063,942 shares of the company’s stock worth $24,971,000 after acquiring an additional 36,009 shares during the period. Fortis Capital Advisors LLC acquired a new stake in Schwab U.S. Aggregate Bond ETF during the 3rd quarter worth approximately $1,053,000. Belpointe Asset Management LLC bought a new stake in Schwab U.S. Aggregate Bond ETF in the 3rd quarter valued at $1,053,000. Farther Finance Advisors LLC boosted its stake in Schwab U.S. Aggregate Bond ETF by 346.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 138,312 shares of the company’s stock valued at $3,246,000 after purchasing an additional 107,357 shares during the period. Finally, Cedar Mountain Advisors LLC grew its holdings in Schwab U.S. Aggregate Bond ETF by 3.6% in the 3rd quarter. Cedar Mountain Advisors LLC now owns 645,702 shares of the company’s stock valued at $15,155,000 after buying an additional 22,623 shares in the last quarter.

Schwab U.S. Aggregate Bond ETF Trading Down 0.0%

SCHZ stock opened at $23.31 on Thursday. Schwab U.S. Aggregate Bond ETF has a fifty-two week low of $22.52 and a fifty-two week high of $23.71. The business’s fifty day moving average price is $23.41 and its two-hundred day moving average price is $23.40.

Schwab U.S. Aggregate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, February 6th. Shareholders of record on Monday, February 2nd will be given a dividend of $0.085 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date is Monday, February 2nd. This is a boost from Schwab U.S. Aggregate Bond ETF’s previous monthly dividend of $0.07.

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.