Schwab U.S. Aggregate Bond ETF $SCHZ Holdings Boosted by Bond & Devick Financial Network Inc.

Bond & Devick Financial Network Inc. boosted its stake in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 12.0% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 746,516 shares of the company’s stock after purchasing an additional 79,981 shares during the quarter. Schwab U.S. Aggregate Bond ETF accounts for 5.3% of Bond & Devick Financial Network Inc.’s investment portfolio, making the stock its 4th largest position. Bond & Devick Financial Network Inc.’s holdings in Schwab U.S. Aggregate Bond ETF were worth $17,521,000 as of its most recent filing with the SEC.

Several other large investors also recently added to or reduced their stakes in the stock. Alley Investment Management Company LLC raised its holdings in shares of Schwab U.S. Aggregate Bond ETF by 3.3% during the 3rd quarter. Alley Investment Management Company LLC now owns 15,402 shares of the company’s stock worth $361,000 after acquiring an additional 485 shares during the period. Zhang Financial LLC grew its holdings in shares of Schwab U.S. Aggregate Bond ETF by 0.5% in the second quarter. Zhang Financial LLC now owns 97,380 shares of the company’s stock valued at $2,263,000 after purchasing an additional 512 shares during the period. Avidian Wealth Enterprises LLC increased its position in Schwab U.S. Aggregate Bond ETF by 0.6% during the second quarter. Avidian Wealth Enterprises LLC now owns 89,656 shares of the company’s stock worth $2,084,000 after purchasing an additional 529 shares during the last quarter. Stockman Wealth Management Inc. raised its stake in Schwab U.S. Aggregate Bond ETF by 0.9% during the third quarter. Stockman Wealth Management Inc. now owns 61,025 shares of the company’s stock worth $1,432,000 after purchasing an additional 530 shares during the period. Finally, Sterling Investment Management LLC boosted its holdings in Schwab U.S. Aggregate Bond ETF by 0.8% in the 2nd quarter. Sterling Investment Management LLC now owns 66,630 shares of the company’s stock valued at $1,548,000 after purchasing an additional 542 shares during the last quarter.

Schwab U.S. Aggregate Bond ETF Stock Performance

Shares of NYSEARCA SCHZ opened at $23.41 on Friday. The company has a 50 day simple moving average of $23.41 and a 200-day simple moving average of $23.40. Schwab U.S. Aggregate Bond ETF has a 1 year low of $22.52 and a 1 year 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. Shareholders of record on Monday, February 2nd will be given a $0.085 dividend. This is an increase from Schwab U.S. Aggregate Bond ETF’s previous monthly dividend of $0.07. This represents a c) dividend on an annualized basis and a yield of 4.4%. The ex-dividend date is Monday, February 2nd.

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.