Cornerstone Planning Group LLC Acquires 223,067 Shares of Schwab U.S. Aggregate Bond ETF $SCHZ

Cornerstone Planning Group LLC grew its stake in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 56,472.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 223,462 shares of the company’s stock after acquiring an additional 223,067 shares during the quarter. Schwab U.S. Aggregate Bond ETF comprises about 0.6% of Cornerstone Planning Group LLC’s portfolio, making the stock its 25th biggest position. Cornerstone Planning Group LLC’s holdings in Schwab U.S. Aggregate Bond ETF were worth $5,245,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in SCHZ. Decker Retirement Planning Inc. purchased a new position in Schwab U.S. Aggregate Bond ETF in the third quarter valued at about $26,000. Cloud Capital Management LLC bought a new stake in shares of Schwab U.S. Aggregate Bond ETF in the 3rd quarter valued at about $30,000. Bernard Wealth Management Corp. purchased a new position in shares of Schwab U.S. Aggregate Bond ETF in the 3rd quarter worth approximately $31,000. Evolution Wealth Management Inc. purchased a new stake in Schwab U.S. Aggregate Bond ETF during the second quarter valued at approximately $73,000. Finally, Traub Capital Management LLC acquired a new stake in Schwab U.S. Aggregate Bond ETF in the second quarter valued at approximately $76,000.

Schwab U.S. Aggregate Bond ETF Stock Down 0.6%

NYSEARCA SCHZ opened at $23.30 on Tuesday. The firm’s fifty day simple moving average is $23.42 and its two-hundred day simple moving average is $23.40. Schwab U.S. Aggregate Bond ETF has a 12-month low of $22.52 and a 12-month high of $23.71.

Schwab U.S. Aggregate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, February 6th. Investors of record on Monday, February 2nd will be given a dividend of $0.085 per share. The ex-dividend date of this dividend is Monday, February 2nd. This represents a c) annualized dividend and a yield of 4.4%. This is an increase from Schwab U.S. Aggregate Bond ETF’s previous monthly dividend of $0.07.

Schwab U.S. Aggregate Bond ETF Company 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.