Schwab U.S. Aggregate Bond ETF (SCHZ) Stake Raised by Sequoia Financial Advisors LLC

Share on StockTwits

Sequoia Financial Advisors LLC raised its holdings in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 4.4% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 180,768 shares of the company’s stock after buying an additional 7,560 shares during the quarter. Schwab U.S. Aggregate Bond ETF comprises 1.0% of Sequoia Financial Advisors LLC’s investment portfolio, making the stock its 19th largest position. Sequoia Financial Advisors LLC owned approximately 0.18% of Schwab U.S. Aggregate Bond ETF worth $9,154,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Granite Investment Partners LLC purchased a new position in shares of Schwab U.S. Aggregate Bond ETF in the 2nd quarter valued at approximately $105,000. Focused Wealth Management Inc purchased a new position in shares of Schwab U.S. Aggregate Bond ETF in the 1st quarter valued at approximately $118,000. Johnson Financial Group Inc. purchased a new position in shares of Schwab U.S. Aggregate Bond ETF in the 2nd quarter valued at approximately $125,000. JPMorgan Chase & Co. lifted its stake in shares of Schwab U.S. Aggregate Bond ETF by 168.0% in the 1st quarter. JPMorgan Chase & Co. now owns 2,621 shares of the company’s stock valued at $134,000 after purchasing an additional 1,643 shares during the period. Finally, BNP Paribas Arbitrage SA purchased a new position in Schwab U.S. Aggregate Bond ETF during the first quarter valued at $201,000.

Shares of NYSEARCA:SCHZ opened at $50.50 on Friday. Schwab U.S. Aggregate Bond ETF has a 12-month low of $50.07 and a 12-month high of $52.82.

The business also recently disclosed a monthly dividend, which will be paid on Monday, September 10th. Shareholders of record on Wednesday, September 5th will be paid a dividend of $0.1316 per share. This is a boost from Schwab U.S. Aggregate Bond ETF’s previous monthly dividend of $0.11. The ex-dividend date of this dividend is Tuesday, September 4th. This represents a $1.58 dividend on an annualized basis and a yield of 3.13%.

Read More: Moving Average – How it Helps Investors in Stock Selection

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)

Receive News & Ratings for Schwab U.S. Aggregate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab U.S. Aggregate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply