Oarsman Capital Inc. trimmed its position in Schwab Strategic Trust (NYSEARCA:SCHR) by 50.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,136 shares of the company’s stock after selling 4,236 shares during the period. Oarsman Capital Inc.’s holdings in Schwab Strategic Trust were worth $221,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently modified their holdings of the business. Wells Fargo & Company MN boosted its position in shares of Schwab Strategic Trust by 8.5% during the 4th quarter. Wells Fargo & Company MN now owns 267,578 shares of the company’s stock worth $14,267,000 after purchasing an additional 20,873 shares in the last quarter. Cetera Advisors LLC boosted its position in shares of Schwab Strategic Trust by 30.8% during the 4th quarter. Cetera Advisors LLC now owns 102,550 shares of the company’s stock worth $5,467,000 after purchasing an additional 24,153 shares in the last quarter. AT Bancorp purchased a new stake in shares of Schwab Strategic Trust during the 4th quarter worth $5,653,000. RKL Wealth Management LLC boosted its position in shares of Schwab Strategic Trust by 41.5% during the 4th quarter. RKL Wealth Management LLC now owns 21,443 shares of the company’s stock worth $1,144,000 after purchasing an additional 6,287 shares in the last quarter. Finally, SeaCrest Wealth Management LLC purchased a new stake in shares of Schwab Strategic Trust during the 4th quarter worth $3,699,000.
Schwab Strategic Trust (NYSEARCA:SCHR) opened at $52.16 on Friday. Schwab Strategic Trust has a one year low of $52.14 and a one year high of $54.67.
The company also recently declared a monthly dividend, which was paid on Wednesday, February 7th. Stockholders of record on Friday, February 2nd were paid a dividend of $0.0848 per share. This represents a $1.02 annualized dividend and a dividend yield of 1.95%. The ex-dividend date was Thursday, February 1st. This is an increase from Schwab Strategic Trust’s previous monthly dividend of $0.08.
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