Gladstone Institutional Advisory LLC bought a new position in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) in the first quarter, HoldingsChannel reports. The fund bought 25,315 shares of the company’s stock, valued at approximately $1,313,000.

Several other institutional investors have also added to or reduced their stakes in SCHZ. Advisors Asset Management Inc. grew its holdings in shares of Schwab U.S. Aggregate Bond ETF by 7.9% during the fourth quarter. Advisors Asset Management Inc. now owns 2,805 shares of the company’s stock worth $142,000 after buying an additional 205 shares in the last quarter. Hurlow Wealth Management Group Inc. acquired a new position in shares of Schwab U.S. Aggregate Bond ETF during the 4th quarter valued at about $2,550,000. Creative Planning boosted its position in shares of Schwab U.S. Aggregate Bond ETF by 8.6% during the 4th quarter. Creative Planning now owns 365,210 shares of the company’s stock valued at $18,476,000 after acquiring an additional 29,021 shares during the last quarter. Essex Savings Bank acquired a new position in shares of Schwab U.S. Aggregate Bond ETF during the 4th quarter valued at about $76,000. Finally, Beacon Pointe Advisors LLC acquired a new position in shares of Schwab U.S. Aggregate Bond ETF during the 4th quarter valued at about $673,000.

Shares of SCHZ stock opened at $52.40 on Monday. Schwab U.S. Aggregate Bond ETF has a twelve month low of $49.47 and a twelve month high of $52.51.

The company also recently declared a monthly dividend, which was paid on Tuesday, May 7th. Stockholders of record on Thursday, May 2nd were given a dividend of $0.1245 per share. The ex-dividend date of this dividend was Wednesday, May 1st. This represents a $1.49 annualized dividend and a dividend yield of 2.85%.

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Want to see what other hedge funds are holding SCHZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ).

Institutional Ownership by Quarter for Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

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