Mission Wealth Management LP Purchases New Holdings in Schwab U.S. Aggregate Bond ETF $SCHZ

Mission Wealth Management LP acquired a new stake in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) during the third quarter, according to its most recent filing with the SEC. The firm acquired 64,006 shares of the company’s stock, valued at approximately $1,502,000.

Several other institutional investors also recently modified their holdings of the business. Brighton Jones LLC bought a new stake in Schwab U.S. Aggregate Bond ETF in the fourth quarter valued at about $317,000. AQR Capital Management LLC boosted its stake in Schwab U.S. Aggregate Bond ETF by 15.9% in the 1st quarter. AQR Capital Management LLC now owns 14,212 shares of the company’s stock worth $329,000 after purchasing an additional 1,948 shares during the period. Focus Partners Wealth boosted its position in shares of Schwab U.S. Aggregate Bond ETF by 28.9% during the first 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. Ameritas Advisory Services LLC acquired a new position in Schwab U.S. Aggregate Bond ETF during the 2nd quarter worth approximately $204,000. Finally, Simplicity Wealth LLC lifted its position in shares of Schwab U.S. Aggregate Bond ETF by 164.9% in the second quarter. Simplicity Wealth LLC now owns 24,216 shares of the company’s stock worth $563,000 after purchasing an additional 15,075 shares in the last quarter.

Schwab U.S. Aggregate Bond ETF Stock Performance

Schwab U.S. Aggregate Bond ETF stock opened at $23.31 on Thursday. The firm has a 50-day moving average of $23.41 and a 200-day moving average of $23.40. Schwab U.S. Aggregate Bond ETF has a one year low of $22.52 and a one year high of $23.71.

Schwab U.S. Aggregate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, February 6th. Stockholders of record on Monday, February 2nd will be paid a dividend of $0.085 per share. The ex-dividend date is Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. This is an increase from Schwab U.S. Aggregate Bond ETF’s previous monthly dividend of $0.07.

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.