Schwab U.S. Aggregate Bond ETF $SCHZ Shares Purchased by Blue Trust Inc.

Blue Trust Inc. grew its stake in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 4.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,551,549 shares of the company’s stock after buying an additional 71,665 shares during the quarter. Blue Trust Inc. owned about 0.38% of Schwab U.S. Aggregate Bond ETF worth $36,260,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in SCHZ. Alliance Wealth Management Group lifted its position in Schwab U.S. Aggregate Bond ETF by 3.5% in the third quarter. Alliance Wealth Management Group now owns 1,063,942 shares of the company’s stock worth $24,971,000 after purchasing an additional 36,009 shares during the period. Fortis Capital Advisors LLC acquired a new position in shares of Schwab U.S. Aggregate Bond ETF during the 3rd quarter valued at $1,053,000. Belpointe Asset Management LLC acquired a new position in shares of Schwab U.S. Aggregate Bond ETF during the 3rd quarter valued at $1,053,000. Farther Finance Advisors LLC raised its stake in shares of Schwab U.S. Aggregate Bond ETF by 346.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 138,312 shares of the company’s stock worth $3,246,000 after buying an additional 107,357 shares in the last quarter. Finally, Cedar Mountain Advisors LLC raised its stake in shares of Schwab U.S. Aggregate Bond ETF by 3.6% in the 3rd quarter. Cedar Mountain Advisors LLC now owns 645,702 shares of the company’s stock worth $15,155,000 after buying an additional 22,623 shares in the last quarter.

Schwab U.S. Aggregate Bond ETF Stock Performance

Shares of Schwab U.S. Aggregate Bond ETF stock opened at $23.16 on Thursday. The business has a fifty day simple moving average of $23.40 and a 200-day simple moving average of $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 firm also recently declared a monthly dividend, which was paid on Friday, March 6th. Shareholders of record on Monday, March 2nd were given a $0.0772 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a 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.