775,096 Shares in Schwab U.S. Aggregate Bond ETF $SCHZ Bought by Elevation Point Wealth Partners LLC

Elevation Point Wealth Partners LLC acquired a new stake in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 775,096 shares of the company’s stock, valued at approximately $18,191,000. Schwab U.S. Aggregate Bond ETF accounts for 1.3% of Elevation Point Wealth Partners LLC’s holdings, making the stock its 10th biggest holding. Elevation Point Wealth Partners LLC owned 0.20% of Schwab U.S. Aggregate Bond ETF as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Alliance Wealth Management Group grew its holdings in Schwab U.S. Aggregate Bond ETF by 3.5% during the 3rd quarter. Alliance Wealth Management Group now owns 1,063,942 shares of the company’s stock worth $24,971,000 after acquiring an additional 36,009 shares in the last quarter. Fortis Capital Advisors LLC acquired a new stake in shares of Schwab U.S. Aggregate Bond ETF in the 3rd quarter valued at $1,053,000. Belpointe Asset Management LLC purchased a new stake in shares of Schwab U.S. Aggregate Bond ETF during the 3rd quarter worth $1,053,000. Farther Finance Advisors LLC lifted its position in shares of Schwab U.S. Aggregate Bond ETF by 346.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 138,312 shares of the company’s stock worth $3,246,000 after purchasing an additional 107,357 shares during the last quarter. Finally, Cedar Mountain Advisors LLC grew its stake in shares of Schwab U.S. Aggregate Bond ETF by 3.6% during the third quarter. Cedar Mountain Advisors LLC now owns 645,702 shares of the company’s stock worth $15,155,000 after purchasing an additional 22,623 shares in the last quarter.

Schwab U.S. Aggregate Bond ETF Price Performance

NYSEARCA:SCHZ opened at $23.21 on Friday. Schwab U.S. Aggregate Bond ETF has a 12 month low of $22.52 and a 12 month high of $23.73. The business’s fifty day moving average price is $23.46 and its 200 day moving average price is $23.46.

Schwab U.S. Aggregate Bond ETF Cuts Dividend

The business also recently disclosed 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. The ex-dividend date of this dividend 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.