Strategic Wealth Advisors Group LLC Reduces Stake in Schwab US Broad Market ETF (SCHB)

Share on StockTwits

Strategic Wealth Advisors Group LLC cut its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 10.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 23,940 shares of the company’s stock after selling 2,894 shares during the quarter. Strategic Wealth Advisors Group LLC’s holdings in Schwab US Broad Market ETF were worth $1,579,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. BlackRock Inc. lifted its position in shares of Schwab US Broad Market ETF by 2.5% during the first quarter. BlackRock Inc. now owns 144,881 shares of the company’s stock worth $9,242,000 after purchasing an additional 3,509 shares in the last quarter. Hanson & Doremus Investment Management raised its holdings in Schwab US Broad Market ETF by 7.7% in the first quarter. Hanson & Doremus Investment Management now owns 588,154 shares of the company’s stock valued at $37,518,000 after acquiring an additional 42,184 shares in the last quarter. Total Investment Management Inc. raised its holdings in Schwab US Broad Market ETF by 0.8% in the first quarter. Total Investment Management Inc. now owns 804,854 shares of the company’s stock valued at $51,342,000 after acquiring an additional 6,218 shares in the last quarter. Tortoise Investment Management LLC raised its holdings in Schwab US Broad Market ETF by 99.5% in the first quarter. Tortoise Investment Management LLC now owns 2,205 shares of the company’s stock valued at $141,000 after acquiring an additional 1,100 shares in the last quarter. Finally, AMI Investment Management Inc. raised its holdings in Schwab US Broad Market ETF by 3.1% in the first quarter. AMI Investment Management Inc. now owns 28,073 shares of the company’s stock valued at $1,791,000 after acquiring an additional 852 shares in the last quarter.

SCHB stock traded up $0.83 during trading on Friday, hitting $66.47. 3,552,811 shares of the company’s stock traded hands, compared to its average volume of 769,051. Schwab US Broad Market ETF has a 52 week low of $61.07 and a 52 week high of $71.36.

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 28th. Investors of record on Wednesday, September 26th were issued a $0.3102 dividend. The ex-dividend date of this dividend was Tuesday, September 25th. This represents a $1.24 annualized dividend and a yield of 1.87%. This is an increase from Schwab US Broad Market ETF’s previous quarterly dividend of $0.29.

Schwab US Broad Market ETF Profile

Schwab U.S. Broad Market ETF (the Fund) seeks to track the total return of the Dow Jones U.S. Small-Cap Total Stock Market Index (the Index). The Index is a float-adjusted market capitalization weighted index that reflects the shares of securities actually available to investors in the marketplace. The Fund’s index includes the 2,500 publicly traded United States companies for, which pricing information is available.

Recommended Story: How analysts view the yield curve

Institutional Ownership by Quarter for Schwab US Broad Market ETF (NYSEARCA:SCHB)

Receive News & Ratings for Schwab US Broad Market ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab US Broad Market ETF and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Yu Darvish Receives Cortisone Shot for Elbow Impingement
Yu Darvish Receives Cortisone Shot for Elbow Impingement
Red Sox and Brandon Phillips Agree to Minor League Deal
Red Sox and Brandon Phillips Agree to Minor League Deal
Chris Sale Proves He is 2018 AL Cy Young Candidate
Chris Sale Proves He is 2018 AL Cy Young Candidate
Strong Results by Clint Frazier Could Keep Him with Yankees
Strong Results by Clint Frazier Could Keep Him with Yankees
Giants Closer Breaks Hand Punching Door Following Poor Outing
Giants Closer Breaks Hand Punching Door Following Poor Outing
Evan Longoria Out Six to Eight Weeks With Broken Hand
Evan Longoria Out Six to Eight Weeks With Broken Hand


Leave a Reply

 
© 2006-2018 BBNS.