Dorato Capital Management Makes New Investment in Schwab U.S. Aggregate Bond ETF $SCHZ

Dorato Capital Management bought a new position in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 83,801 shares of the company’s stock, valued at approximately $1,968,000. Schwab U.S. Aggregate Bond ETF comprises about 1.5% of Dorato Capital Management’s portfolio, making the stock its 14th biggest holding.

Several other hedge funds have also added to or reduced their stakes in SCHZ. Alliance Wealth Management Group boosted its holdings in shares of Schwab U.S. Aggregate Bond ETF by 3.5% during the 3rd quarter. Alliance Wealth Management Group now owns 1,063,942 shares of the company’s stock valued at $24,971,000 after acquiring an additional 36,009 shares in the last quarter. Fortis Capital Advisors LLC bought a new stake in Schwab U.S. Aggregate Bond ETF in the third quarter valued at approximately $1,053,000. Belpointe Asset Management LLC bought a new position in Schwab U.S. Aggregate Bond ETF during the 3rd quarter worth approximately $1,053,000. Farther Finance Advisors LLC raised its holdings in Schwab U.S. Aggregate Bond ETF by 346.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 138,312 shares of the company’s stock worth $3,246,000 after purchasing an additional 107,357 shares during the last quarter. Finally, Cedar Mountain Advisors LLC lifted its position 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 purchasing an additional 22,623 shares during the period.

Schwab U.S. Aggregate Bond ETF Stock Up 0.3%

NYSEARCA:SCHZ opened at $23.22 on Friday. Schwab U.S. Aggregate Bond ETF has a 52 week low of $22.52 and a 52 week high of $23.73. The firm’s fifty day moving average is $23.40 and its 200-day moving average is $23.44.

Schwab U.S. Aggregate Bond ETF Cuts Dividend

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