Access Financial Services Inc. reduced its stake in shares of Schwab Strategic Trust (NYSEARCA:SCHZ) by 15.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,266 shares of the company’s stock after selling 5,150 shares during the quarter. Schwab Strategic Trust accounts for 1.1% of Access Financial Services Inc.’s portfolio, making the stock its 29th largest position. Access Financial Services Inc.’s holdings in Schwab Strategic Trust were worth $1,523,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds have also recently made changes to their positions in the company. Sheets Smith Wealth Management bought a new position in shares of Schwab Strategic Trust during the 4th quarter valued at about $391,000. Marquette Asset Management LLC lifted its holdings in shares of Schwab Strategic Trust by 3.4% during the 4th quarter. Marquette Asset Management LLC now owns 29,734 shares of the company’s stock valued at $1,547,000 after purchasing an additional 968 shares in the last quarter. Portfolio Solutions LLC lifted its stake in Schwab Strategic Trust by 118.9% in the 4th quarter. Portfolio Solutions LLC now owns 31,711 shares of the company’s stock valued at $1,650,000 after acquiring an additional 17,222 shares in the last quarter. Boltwood Capital Management lifted its stake in Schwab Strategic Trust by 27.6% in the 4th quarter. Boltwood Capital Management now owns 36,728 shares of the company’s stock valued at $1,911,000 after acquiring an additional 7,946 shares in the last quarter. Finally, Atria Investments LLC lifted its stake in Schwab Strategic Trust by 46.2% in the 4th quarter. Atria Investments LLC now owns 41,853 shares of the company’s stock valued at $2,178,000 after acquiring an additional 13,232 shares in the last quarter.
Schwab Strategic Trust (NYSEARCA:SCHZ) traded down $0.01 during midday trading on Tuesday, reaching $51.57. The company’s stock had a trading volume of 1,184,400 shares, compared to its average volume of 628,886. Schwab Strategic Trust has a 12-month low of $51.10 and a 12-month high of $52.82.
The business also recently declared a monthly dividend, which was paid on Wednesday, January 3rd. Shareholders of record on Thursday, December 28th were given a dividend of $0.101 per share. This represents a $1.21 annualized dividend and a dividend yield of 2.35%. The ex-dividend date of this dividend was Wednesday, December 27th.
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