Pioneer Wealth Management Group Has $42.40 Million Stock Holdings in Schwab U.S. Aggregate Bond ETF $SCHZ

Pioneer Wealth Management Group cut its holdings in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 24.3% in the fourth quarter, HoldingsChannel reports. The firm owned 1,814,258 shares of the company’s stock after selling 581,419 shares during the quarter. Schwab U.S. Aggregate Bond ETF accounts for 12.9% of Pioneer Wealth Management Group’s portfolio, making the stock its 3rd largest position. Pioneer Wealth Management Group’s holdings in Schwab U.S. Aggregate Bond ETF were worth $42,399,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Brighton Jones LLC purchased a new position in shares of Schwab U.S. Aggregate Bond ETF in the 4th quarter worth $317,000. AQR Capital Management LLC increased its holdings in shares of Schwab U.S. Aggregate Bond ETF by 15.9% in the 1st quarter. AQR Capital Management LLC now owns 14,212 shares of the company’s stock worth $329,000 after buying an additional 1,948 shares during the last quarter. Focus Partners Wealth raised its position in shares of Schwab U.S. Aggregate Bond ETF by 28.9% during the 1st quarter. Focus Partners Wealth now owns 28,189 shares of the company’s stock valued at $653,000 after buying an additional 6,326 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of Schwab U.S. Aggregate Bond ETF by 1.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 12,425,217 shares of the company’s stock valued at $288,762,000 after buying an additional 157,994 shares in the last quarter. Finally, MAI Capital Management lifted its holdings in shares of Schwab U.S. Aggregate Bond ETF by 2.3% in the 2nd quarter. MAI Capital Management now owns 59,973 shares of the company’s stock valued at $1,394,000 after acquiring an additional 1,372 shares during the last quarter.

Schwab U.S. Aggregate Bond ETF Trading Down 0.2%

SCHZ opened at $23.10 on Wednesday. Schwab U.S. Aggregate Bond ETF has a 12 month low of $22.52 and a 12 month high of $23.73. The stock has a 50-day moving average of $23.43 and a 200 day moving average of $23.46.

Schwab U.S. Aggregate Bond ETF Cuts Dividend

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

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.