Alliance Wealth Management Group Sells 45,091 Shares of Schwab U.S. Aggregate Bond ETF $SCHZ

Alliance Wealth Management Group decreased its stake in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 4.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,018,851 shares of the company’s stock after selling 45,091 shares during the quarter. Schwab U.S. Aggregate Bond ETF comprises 5.2% of Alliance Wealth Management Group’s holdings, making the stock its 3rd biggest position. Alliance Wealth Management Group owned approximately 0.25% of Schwab U.S. Aggregate Bond ETF worth $23,811,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of the stock. Rockbridge Investment Management LCC boosted its holdings in shares of Schwab U.S. Aggregate Bond ETF by 7.8% in the 3rd quarter. Rockbridge Investment Management LCC now owns 7,958,838 shares of the company’s stock valued at $186,794,000 after acquiring an additional 575,958 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of Schwab U.S. Aggregate Bond ETF by 1.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 7,450,294 shares of the company’s stock valued at $173,387,000 after acquiring an additional 98,660 shares during the last quarter. Avantax Planning Partners Inc. boosted its holdings in shares of Schwab U.S. Aggregate Bond ETF by 2.8% in the 3rd quarter. Avantax Planning Partners Inc. now owns 7,183,067 shares of the company’s stock valued at $168,587,000 after acquiring an additional 195,216 shares during the last quarter. Charles Schwab Trust Co boosted its holdings in shares of Schwab U.S. Aggregate Bond ETF by 4.5% in the 4th quarter. Charles Schwab Trust Co now owns 6,215,188 shares of the company’s stock valued at $145,249,000 after acquiring an additional 268,364 shares during the last quarter. Finally, Financial Engines Advisors L.L.C. grew its position in Schwab U.S. Aggregate Bond ETF by 10.7% during the 3rd quarter. Financial Engines Advisors L.L.C. now owns 5,427,583 shares of the company’s stock worth $127,385,000 after purchasing an additional 524,573 shares during the period.

Schwab U.S. Aggregate Bond ETF Stock Up 0.1%

Shares of SCHZ opened at $23.21 on Wednesday. The business’s 50-day moving average is $23.38 and its two-hundred day moving average is $23.44. 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 business also recently declared a monthly dividend, which was paid on Friday, March 6th. Shareholders of record on Monday, March 2nd were given a dividend of $0.0772 per share. This represents a c) annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend 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.