JPMorgan Chase & Co. Sells 288,817 Shares of Schwab U.S. Aggregate Bond ETF $SCHZ

JPMorgan Chase & Co. cut its position in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 2.3% in the third quarter, Holdings Channel.com reports. The institutional investor owned 12,136,400 shares of the company’s stock after selling 288,817 shares during the period. JPMorgan Chase & Co.’s holdings in Schwab U.S. Aggregate Bond ETF were worth $284,841,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Daymark Wealth Partners LLC increased its stake in Schwab U.S. Aggregate Bond ETF by 343.5% in the 2nd quarter. Daymark Wealth Partners LLC now owns 1,175,683 shares of the company’s stock worth $27,323,000 after acquiring an additional 910,577 shares during the last quarter. Cardinal Point Capital Management ULC boosted its position in shares of Schwab U.S. Aggregate Bond ETF by 6,517.7% during the 2nd quarter. Cardinal Point Capital Management ULC now owns 635,697 shares of the company’s stock valued at $14,774,000 after acquiring an additional 626,091 shares during the last quarter. AlphaStar Capital Management LLC purchased a new position in shares of Schwab U.S. Aggregate Bond ETF in the second quarter valued at $13,996,000. Rockbridge Investment Management LCC increased its position in Schwab U.S. Aggregate Bond ETF by 6.9% in the second quarter. Rockbridge Investment Management LCC now owns 7,382,880 shares of the company’s stock worth $171,578,000 after purchasing an additional 477,759 shares during the last quarter. Finally, Charles Schwab Trust Co increased its position in Schwab U.S. Aggregate Bond ETF by 6.4% in the third quarter. Charles Schwab Trust Co now owns 5,946,824 shares of the company’s stock worth $139,572,000 after purchasing an additional 359,756 shares during the last quarter.

Schwab U.S. Aggregate Bond ETF Stock Up 0.0%

Schwab U.S. Aggregate Bond ETF stock opened at $23.60 on Friday. Schwab U.S. Aggregate Bond ETF has a 52-week low of $22.52 and a 52-week high of $23.71. The firm’s fifty day moving average is $23.43 and its 200 day moving average is $23.43.

Schwab U.S. Aggregate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, February 6th. Stockholders of record on Monday, February 2nd were given a dividend of $0.085 per share. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 4.3%. This is a positive change from Schwab U.S. Aggregate Bond ETF’s previous monthly dividend of $0.07.

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.