Schwab U.S. Aggregate Bond ETF $SCHZ Shares Purchased by Marshall Financial Group Inc. ADV

Marshall Financial Group Inc. ADV increased its holdings in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 12.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 215,071 shares of the company’s stock after buying an additional 24,494 shares during the period. Schwab U.S. Aggregate Bond ETF comprises 1.4% of Marshall Financial Group Inc. ADV’s investment portfolio, making the stock its 17th largest holding. Marshall Financial Group Inc. ADV’s holdings in Schwab U.S. Aggregate Bond ETF were worth $5,048,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Mission Wealth Management LP purchased a new position in Schwab U.S. Aggregate Bond ETF in the 3rd quarter valued at approximately $1,502,000. Cooper Haims Advisors LLC raised its stake in shares of Schwab U.S. Aggregate Bond ETF by 3.4% in the third quarter. Cooper Haims Advisors LLC now owns 146,324 shares of the company’s stock valued at $3,434,000 after acquiring an additional 4,879 shares in the last quarter. Jones Financial Companies Lllp raised its stake in shares of Schwab U.S. Aggregate Bond ETF by 15.5% in the third quarter. Jones Financial Companies Lllp now owns 1,171,388 shares of the company’s stock valued at $27,436,000 after acquiring an additional 157,531 shares in the last quarter. FDx Advisors Inc. boosted its holdings in Schwab U.S. Aggregate Bond ETF by 12.8% in the third quarter. FDx Advisors Inc. now owns 19,586 shares of the company’s stock valued at $461,000 after purchasing an additional 2,224 shares during the period. Finally, Meridian Wealth Management LLC acquired a new position in Schwab U.S. Aggregate Bond ETF during the 3rd quarter worth $211,000.

Schwab U.S. Aggregate Bond ETF Stock Performance

Shares of NYSEARCA SCHZ opened at $23.30 on Tuesday. The stock’s 50-day moving average is $23.42 and its two-hundred day moving average is $23.40. Schwab U.S. Aggregate Bond ETF has a 1-year low of $22.52 and a 1-year high of $23.71.

Schwab U.S. Aggregate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, February 6th. Investors 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 is a positive change from Schwab U.S. Aggregate Bond ETF’s previous monthly dividend of $0.07. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%.

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.