Charles Schwab Trust Co Has $145.25 Million Stock Holdings in Schwab U.S. Aggregate Bond ETF $SCHZ

Charles Schwab Trust Co grew its position in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 4.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,215,188 shares of the company’s stock after acquiring an additional 268,364 shares during the quarter. Schwab U.S. Aggregate Bond ETF accounts for 9.5% of Charles Schwab Trust Co’s portfolio, making the stock its biggest holding. Charles Schwab Trust Co owned approximately 1.52% of Schwab U.S. Aggregate Bond ETF worth $145,249,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Rossby Financial LCC boosted its position in shares of Schwab U.S. Aggregate Bond ETF by 121.1% during the 3rd quarter. Rossby Financial LCC now owns 1,077 shares of the company’s stock valued at $25,000 after acquiring an additional 590 shares during the last quarter. Decker Retirement Planning Inc. bought a new stake in Schwab U.S. Aggregate Bond ETF in the third quarter worth $26,000. LGT Financial Advisors LLC increased its position in Schwab U.S. Aggregate Bond ETF by 868.6% in the third quarter. LGT Financial Advisors LLC now owns 1,172 shares of the company’s stock worth $28,000 after purchasing an additional 1,051 shares during the last quarter. Cloud Capital Management LLC purchased a new stake in Schwab U.S. Aggregate Bond ETF during the third quarter valued at $30,000. Finally, Bernard Wealth Management Corp. purchased a new stake in Schwab U.S. Aggregate Bond ETF during the third quarter valued at $31,000.

Schwab U.S. Aggregate Bond ETF Trading Down 0.8%

SCHZ stock opened at $23.07 on Monday. Schwab U.S. Aggregate Bond ETF has a 52 week low of $22.52 and a 52 week high of $23.73. The company has a fifty day simple moving average of $23.45 and a two-hundred day simple moving average of $23.47.

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 given a dividend of $0.0772 per share. This represents a c) annualized dividend and a dividend yield of 4.0%. The ex-dividend date was Monday, March 2nd.

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.