Schwab U.S. Aggregate Bond ETF $SCHZ Stock Position Boosted by Cypress Wealth Services LLC

Cypress Wealth Services LLC grew its stake in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 11.5% in the 4th quarter, HoldingsChannel.com reports. The fund owned 549,682 shares of the company’s stock after acquiring an additional 56,714 shares during the period. Schwab U.S. Aggregate Bond ETF accounts for about 1.8% of Cypress Wealth Services LLC’s investment portfolio, making the stock its 10th biggest holding. Cypress Wealth Services LLC’s holdings in Schwab U.S. Aggregate Bond ETF were worth $12,846,000 as of its most recent filing with the SEC.

Other large investors have also recently modified their holdings of the company. Brighton Jones LLC bought a new position in Schwab U.S. Aggregate Bond ETF in the fourth quarter worth approximately $317,000. AQR Capital Management LLC raised its position in Schwab U.S. Aggregate Bond ETF by 15.9% during the 1st quarter. AQR Capital Management LLC now owns 14,212 shares of the company’s stock valued at $329,000 after purchasing an additional 1,948 shares in the last quarter. Focus Partners Wealth lifted its holdings in shares of Schwab U.S. Aggregate Bond ETF by 28.9% in the 1st quarter. Focus Partners Wealth now owns 28,189 shares of the company’s stock worth $653,000 after buying an additional 6,326 shares during the period. Steward Partners Investment Advisory LLC grew its position in shares of Schwab U.S. Aggregate Bond ETF by 39.9% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 4,705 shares of the company’s stock worth $109,000 after buying an additional 1,343 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its position in shares of Schwab U.S. Aggregate Bond ETF by 4.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 350,661 shares of the company’s stock worth $8,149,000 after buying an additional 15,485 shares in the last quarter.

Schwab U.S. Aggregate Bond ETF Stock Performance

Shares of Schwab U.S. Aggregate Bond ETF stock opened at $23.05 on Friday. The stock’s fifty day moving average price is $23.41 and its 200-day moving average price is $23.45. Schwab U.S. Aggregate Bond ETF has a 12 month low of $22.52 and a 12 month high of $23.73.

Schwab U.S. Aggregate Bond ETF Cuts Dividend

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