Vestmark Advisory Solutions Inc. Purchases New Shares in Schwab U.S. Aggregate Bond ETF $SCHZ

Vestmark Advisory Solutions Inc. acquired a new position in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 775,096 shares of the company’s stock, valued at approximately $18,191,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in SCHZ. Rossby Financial LCC raised its position in shares of Schwab U.S. Aggregate Bond ETF by 121.1% in the third quarter. Rossby Financial LCC now owns 1,077 shares of the company’s stock valued at $25,000 after buying an additional 590 shares in the last quarter. Decker Retirement Planning Inc. acquired a new stake in Schwab U.S. Aggregate Bond ETF during the third quarter worth approximately $26,000. Cloud Capital Management LLC acquired a new stake in Schwab U.S. Aggregate Bond ETF during the third quarter worth approximately $30,000. Bernard Wealth Management Corp. bought a new position in Schwab U.S. Aggregate Bond ETF during the 3rd quarter worth $31,000. Finally, Evolution Wealth Management Inc. acquired a new position in Schwab U.S. Aggregate Bond ETF in the 2nd quarter valued at $73,000.

Schwab U.S. Aggregate Bond ETF Stock Performance

NYSEARCA:SCHZ opened at $23.60 on Friday. The stock has a fifty day moving average price of $23.43 and a 200-day moving average price of $23.43. Schwab U.S. Aggregate Bond ETF has a fifty-two week low of $22.52 and a fifty-two week high of $23.71.

Schwab U.S. Aggregate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, February 6th. Investors of record on Monday, February 2nd were paid a $0.085 dividend. This represents a c) dividend on an annualized basis and a yield of 4.3%. This is a boost from Schwab U.S. Aggregate Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date of this dividend was Monday, February 2nd.

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.