Bond & Devick Financial Network Inc. Has $19.23 Million Stock Position in Schwab U.S. Aggregate Bond ETF $SCHZ

Bond & Devick Financial Network Inc. lifted its position in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 10.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 822,996 shares of the company’s stock after acquiring an additional 76,480 shares during the period. Schwab U.S. Aggregate Bond ETF makes up approximately 5.4% of Bond & Devick Financial Network Inc.’s holdings, making the stock its 4th biggest holding. Bond & Devick Financial Network Inc. owned 0.20% of Schwab U.S. Aggregate Bond ETF worth $19,233,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of SCHZ. Brighton Jones LLC bought a new stake in shares of Schwab U.S. Aggregate Bond ETF during the fourth quarter worth $317,000. AQR Capital Management LLC raised its stake in shares of Schwab U.S. Aggregate Bond ETF by 15.9% in the 1st quarter. AQR Capital Management LLC now owns 14,212 shares of the company’s stock valued at $329,000 after purchasing an additional 1,948 shares during the period. Focus Partners Wealth lifted its holdings in shares of Schwab U.S. Aggregate Bond ETF by 28.9% in the first quarter. Focus Partners Wealth now owns 28,189 shares of the company’s stock valued at $653,000 after purchasing an additional 6,326 shares in the last quarter. Steward Partners Investment Advisory LLC lifted its holdings in shares of Schwab U.S. Aggregate Bond ETF by 39.9% in the second quarter. Steward Partners Investment Advisory LLC now owns 4,705 shares of the company’s stock valued at $109,000 after purchasing an additional 1,343 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its position in shares of Schwab U.S. Aggregate Bond ETF by 4.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 350,661 shares of the company’s stock worth $8,149,000 after buying an additional 15,485 shares during the period.

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

NYSEARCA:SCHZ opened at $23.05 on Friday. The stock has a 50-day simple moving average of $23.41 and a 200 day simple moving average of $23.45. Schwab U.S. Aggregate Bond ETF has a 52-week low of $22.52 and a 52-week high of $23.73.

Schwab U.S. Aggregate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, March 6th. Stockholders of record on Monday, March 2nd were given a $0.0772 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend was Monday, March 2nd.

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.