Smart Money Group LLC Sells 84,385 Shares of Schwab U.S. Aggregate Bond ETF $SCHZ

Smart Money Group LLC trimmed its holdings in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 36.7% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 145,788 shares of the company’s stock after selling 84,385 shares during the period. Schwab U.S. Aggregate Bond ETF makes up 1.0% of Smart Money Group LLC’s investment portfolio, making the stock its 10th largest holding. Smart Money Group LLC’s holdings in Schwab U.S. Aggregate Bond ETF were worth $3,422,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Rossby Financial LCC grew its holdings in 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 worth $25,000 after purchasing an additional 590 shares during the period. Decker Retirement Planning Inc. bought a new position in shares of Schwab U.S. Aggregate Bond ETF during the 3rd quarter worth about $26,000. Cloud Capital Management LLC acquired a new stake in shares of Schwab U.S. Aggregate Bond ETF in the 3rd quarter valued at about $30,000. Bernard Wealth Management Corp. acquired a new stake in shares of Schwab U.S. Aggregate Bond ETF in the 3rd quarter valued at about $31,000. Finally, Evolution Wealth Management Inc. bought a new stake in Schwab U.S. Aggregate Bond ETF in the 2nd quarter valued at about $73,000.

Schwab U.S. Aggregate Bond ETF Stock Up 0.2%

SCHZ stock opened at $23.71 on Monday. The stock’s 50 day simple moving average is $23.46 and its 200 day simple moving average is $23.45. Schwab U.S. Aggregate Bond ETF has a fifty-two week low of $22.52 and a fifty-two week high of $23.73.

Schwab U.S. Aggregate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, March 6th. Investors of record on Monday, March 2nd will be issued a $0.0772 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date is Monday, March 2nd.

Schwab U.S. Aggregate Bond ETF Company 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.