Client 1ST Advisory Group LLC Has $7.99 Million Holdings in Schwab U.S. Aggregate Bond ETF $SCHZ

Client 1ST Advisory Group LLC raised its stake in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 9.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 341,977 shares of the company’s stock after buying an additional 30,727 shares during the quarter. Schwab U.S. Aggregate Bond ETF comprises approximately 2.5% of Client 1ST Advisory Group LLC’s investment portfolio, making the stock its 10th biggest holding. Client 1ST Advisory Group LLC owned 0.08% of Schwab U.S. Aggregate Bond ETF worth $7,992,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in SCHZ. Breakthru Advisory Services LLC increased its position in shares of Schwab U.S. Aggregate Bond ETF by 8.4% during the fourth quarter. Breakthru Advisory Services LLC now owns 385,142 shares of the company’s stock worth $9,001,000 after acquiring an additional 29,815 shares in the last quarter. Heritage Family Offices LLP raised its holdings in shares of Schwab U.S. Aggregate Bond ETF by 19.3% during the fourth quarter. Heritage Family Offices LLP now owns 57,292 shares of the company’s stock worth $1,339,000 after acquiring an additional 9,276 shares during the period. Lifelong Wealth Advisors Inc. lifted its position in Schwab U.S. Aggregate Bond ETF by 11.9% in the 4th quarter. Lifelong Wealth Advisors Inc. now owns 179,397 shares of the company’s stock valued at $4,193,000 after acquiring an additional 19,019 shares in the last quarter. Daymark Wealth Partners LLC lifted its position in Schwab U.S. Aggregate Bond ETF by 10.8% in the 4th quarter. Daymark Wealth Partners LLC now owns 1,441,944 shares of the company’s stock valued at $33,698,000 after acquiring an additional 140,132 shares in the last quarter. Finally, Focus Financial Network Inc. boosted its stake in Schwab U.S. Aggregate Bond ETF by 1.3% in the 4th quarter. Focus Financial Network Inc. now owns 398,837 shares of the company’s stock worth $9,321,000 after purchasing an additional 5,133 shares during the period.

Schwab U.S. Aggregate Bond ETF Trading Up 0.4%

SCHZ stock opened at $23.19 on Thursday. The stock has a 50-day moving average price of $23.43 and a two-hundred day moving average price of $23.46. Schwab U.S. Aggregate Bond ETF has a 1 year low of $22.52 and a 1 year high of $23.73.

Schwab U.S. Aggregate Bond ETF Cuts Dividend

The company also recently disclosed 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 of this dividend was Monday, March 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.