Dorato Capital Management Buys Shares of 83,801 Schwab U.S. Aggregate Bond ETF $SCHZ

Dorato Capital Management purchased a new position in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) during the fourth quarter, Holdings Channel.com reports. The fund purchased 83,801 shares of the company’s stock, valued at approximately $1,968,000. Schwab U.S. Aggregate Bond ETF accounts for 1.5% of Dorato Capital Management’s portfolio, making the stock its 14th largest position.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Rossby Financial LCC grew its holdings in Schwab U.S. Aggregate Bond ETF by 121.1% during the 3rd quarter. Rossby Financial LCC now owns 1,077 shares of the company’s stock valued at $25,000 after buying an additional 590 shares in the last quarter. Decker Retirement Planning Inc. bought a new position in shares of Schwab U.S. Aggregate Bond ETF during the 3rd quarter valued at about $26,000. LGT Financial Advisors LLC grew its position in 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 valued at $28,000 after acquiring an additional 1,051 shares during the last quarter. Cloud Capital Management LLC purchased a new stake in shares of Schwab U.S. Aggregate Bond ETF in the 3rd quarter valued at $30,000. Finally, Bernard Wealth Management Corp. bought a new position in shares of Schwab U.S. Aggregate Bond ETF during the 3rd quarter valued at $31,000.

Schwab U.S. Aggregate Bond ETF Price Performance

NYSEARCA SCHZ opened at $23.22 on Friday. Schwab U.S. Aggregate Bond ETF has a 1-year low of $22.52 and a 1-year high of $23.73. The stock has a 50-day moving average of $23.40 and a 200-day moving average of $23.44.

Schwab U.S. Aggregate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, March 6th. Investors of record on Monday, March 2nd were given a dividend of $0.0772 per share. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a dividend 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.