Hengehold Capital Management LLC Raises Stock Position in Schwab U.S. Aggregate Bond ETF $SCHZ

Hengehold Capital Management LLC grew its stake in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 7.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 360,315 shares of the company’s stock after buying an additional 23,535 shares during the period. Hengehold Capital Management LLC’s holdings in Schwab U.S. Aggregate Bond ETF were worth $8,421,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of SCHZ. Rossby Financial LCC lifted its position in Schwab U.S. Aggregate Bond ETF by 121.1% in the third 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. acquired a new position in Schwab U.S. Aggregate Bond ETF in the third quarter valued at $26,000. LGT Financial Advisors LLC grew its holdings in shares of Schwab U.S. Aggregate Bond ETF by 868.6% during 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 acquired a new stake in shares of Schwab U.S. Aggregate Bond ETF during the third quarter worth about $30,000. Finally, Bernard Wealth Management Corp. acquired a new stake in shares of Schwab U.S. Aggregate Bond ETF during the third quarter worth about $31,000.

Schwab U.S. Aggregate Bond ETF Price Performance

Shares of NYSEARCA SCHZ opened at $23.22 on Wednesday. The business has a 50-day moving average price of $23.41 and a 200 day moving average price of $23.45. Schwab U.S. Aggregate Bond ETF has a 52-week low of $22.52 and a 52-week 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. Shareholders of record on Monday, March 2nd were paid a $0.0772 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 4.0%.

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.