Financial Management Professionals Inc. Buys New Stake in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

Financial Management Professionals Inc. acquired a new stake in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 72,045 shares of the company’s stock, valued at approximately $3,645,000. Schwab U.S. Aggregate Bond ETF makes up about 2.3% of Financial Management Professionals Inc.’s portfolio, making the stock its 6th largest position. Financial Management Professionals Inc. owned 0.06% of Schwab U.S. Aggregate Bond ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also modified their holdings of the company. Mackey Komara & Dankovich LLC bought a new stake in shares of Schwab U.S. Aggregate Bond ETF in the 4th quarter worth about $49,000. TCI Wealth Advisors Inc. grew its position in Schwab U.S. Aggregate Bond ETF by 198.2% in the fourth quarter. TCI Wealth Advisors Inc. now owns 1,342 shares of the company’s stock worth $68,000 after acquiring an additional 892 shares in the last quarter. Advisors Asset Management Inc. boosted its holdings in shares of Schwab U.S. Aggregate Bond ETF by 161.0% during the 3rd quarter. Advisors Asset Management Inc. now owns 2,600 shares of the company’s stock worth $131,000 after buying an additional 1,604 shares during the period. Global Retirement Partners LLC boosted its holdings in Schwab U.S. Aggregate Bond ETF by 80.1% in the 3rd quarter. Global Retirement Partners LLC now owns 2,788 shares of the company’s stock valued at $140,000 after purchasing an additional 1,240 shares during the period. Finally, Belpointe Asset Management LLC bought a new stake in Schwab U.S. Aggregate Bond ETF in the 3rd quarter valued at $196,000.

SCHZ opened at $50.91 on Thursday. Schwab U.S. Aggregate Bond ETF has a 1-year low of $49.47 and a 1-year high of $51.17.

The company also recently disclosed a monthly dividend, which was paid on Thursday, February 7th. Investors of record on Monday, February 4th were given a dividend of $0.1286 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 was Friday, February 1st. This represents a $1.54 annualized dividend and a yield of 3.03%.

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Institutional Ownership by Quarter for Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

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