Financial Business Review: Western Assets Big News, Schwab’s New Fees

Western Asset Mortgage Capital Corporation’s (WMC) big dividend increase on Thursday night, along with the rise of its book value by 12 percent since June 30th, has positively impacted the mortgage real estate investment trust sector. The book value jump might indeed have investors wondering which others in the sector could contain similar goodies.

Don’t Miss: Really? The Volcker Act May Get Some Teeth.

Friday sees Schwab fee reductions, as both the Schwab U.S. Broad Market (NYSE:SCHB) and the Schwab U.S. Large-Cap ETFs (NYSE:SCHX) are currently the cheapest in the industry, with fees decreased from 0.06 percent to 0.04 percent. Bond funds, including the Schwab U.S. Aggregate Bond ETF (SCHZ), were slashed to 0.05 percent from 0.10 percent.

Are these stocks a buy or sell? Let us help you decide. Check out our Wall St. Cheat Sheet Stock Picker Newsletter now >>