Bond & Devick Financial Network Inc. Buys 79,981 Shares of Schwab U.S. Aggregate Bond ETF $SCHZ

Bond & Devick Financial Network Inc. lifted its stake in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 12.0% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 746,516 shares of the company’s stock after purchasing an additional 79,981 shares during the period. Schwab U.S. Aggregate Bond ETF comprises 5.3% of Bond & Devick Financial Network Inc.’s investment portfolio, making the stock its 4th biggest position. Bond & Devick Financial Network Inc. owned about 0.19% of Schwab U.S. Aggregate Bond ETF worth $17,521,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Daymark Wealth Partners LLC increased its stake in Schwab U.S. Aggregate Bond ETF by 343.5% during the 2nd quarter. Daymark Wealth Partners LLC now owns 1,175,683 shares of the company’s stock worth $27,323,000 after buying an additional 910,577 shares in the last quarter. Cardinal Point Capital Management ULC increased its position in shares of Schwab U.S. Aggregate Bond ETF by 6,517.7% during the second quarter. Cardinal Point Capital Management ULC now owns 635,697 shares of the company’s stock worth $14,774,000 after purchasing an additional 626,091 shares in the last quarter. AlphaStar Capital Management LLC acquired a new position in Schwab U.S. Aggregate Bond ETF in the 2nd quarter valued at $13,996,000. Rockbridge Investment Management LCC lifted its holdings in Schwab U.S. Aggregate Bond ETF by 6.9% in the 2nd quarter. Rockbridge Investment Management LCC now owns 7,382,880 shares of the company’s stock valued at $171,578,000 after purchasing an additional 477,759 shares in the last quarter. Finally, Charles Schwab Trust Co lifted its holdings in Schwab U.S. Aggregate Bond ETF by 6.4% in the 3rd quarter. Charles Schwab Trust Co now owns 5,946,824 shares of the company’s stock valued at $139,572,000 after purchasing an additional 359,756 shares in the last quarter.

Schwab U.S. Aggregate Bond ETF Stock Up 0.4%

Schwab U.S. Aggregate Bond ETF stock opened at $23.41 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 company has a fifty day simple moving average of $23.41 and a 200-day simple moving average of $23.40.

Schwab U.S. Aggregate Bond ETF Increases Dividend

The firm also recently disclosed 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 of this dividend is Monday, February 2nd. This represents a c) annualized dividend and a yield of 4.4%. This is a boost 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.