Investment Research Partners LLC Buys Shares of 34,643 Schwab U.S. Aggregate Bond ETF $SCHZ

Investment Research Partners LLC purchased a new position in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) during the third quarter, Holdings Channel.com reports. The fund purchased 34,643 shares of the company’s stock, valued at approximately $817,000.

Several other hedge funds have also made changes to their positions in SCHZ. Cherry Tree Wealth Management LLC boosted its stake in shares of Schwab U.S. Aggregate Bond ETF by 2.1% in the third quarter. Cherry Tree Wealth Management LLC now owns 74,806 shares of the company’s stock valued at $1,756,000 after purchasing an additional 1,521 shares during the period. Coldstream Capital Management Inc. purchased a new stake in Schwab U.S. Aggregate Bond ETF during the 3rd quarter worth approximately $286,000. Advisory Services Network LLC increased its stake in Schwab U.S. Aggregate Bond ETF by 3.7% during the 3rd quarter. Advisory Services Network LLC now owns 66,084 shares of the company’s stock worth $1,551,000 after buying an additional 2,369 shares during the period. Vertex Planning Partners LLC lifted its holdings in Schwab U.S. Aggregate Bond ETF by 0.4% during the 3rd quarter. Vertex Planning Partners LLC now owns 229,453 shares of the company’s stock worth $5,385,000 after buying an additional 956 shares in the last quarter. Finally, Financial Engines Advisors L.L.C. lifted its holdings in Schwab U.S. Aggregate Bond ETF by 10.7% during the 3rd quarter. Financial Engines Advisors L.L.C. now owns 5,427,583 shares of the company’s stock worth $127,385,000 after buying an additional 524,573 shares in the last quarter.

Schwab U.S. Aggregate Bond ETF Price Performance

Shares of SCHZ stock opened at $23.25 on Thursday. The firm has a 50 day moving average of $23.46 and a two-hundred day moving average of $23.46. Schwab U.S. Aggregate Bond ETF has a 52 week low of $22.52 and a 52 week high of $23.73.

Schwab U.S. Aggregate Bond ETF Cuts Dividend

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

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.