Synovus Financial Corp boosted its holdings in Schwab Strategic Trust (NYSEARCA:SCHR) by 47.3% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 14,020 shares of the company’s stock after buying an additional 4,500 shares during the period. Synovus Financial Corp owned 0.06% of Schwab Strategic Trust worth $748,000 as of its most recent SEC filing.
A number of other hedge funds have also modified their holdings of SCHR. Relaxing Retirement Coach bought a new position in shares of Schwab Strategic Trust during the 4th quarter valued at about $6,140,000. Fagan Associates Inc. boosted its holdings in shares of Schwab Strategic Trust by 74.3% during the 4th quarter. Fagan Associates Inc. now owns 10,619 shares of the company’s stock valued at $566,000 after purchasing an additional 4,526 shares during the last quarter. Wells Fargo & Company MN boosted its holdings 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 valued at $14,267,000 after purchasing an additional 20,873 shares during the last quarter. Cetera Advisors LLC boosted its holdings 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 valued at $5,467,000 after purchasing an additional 24,153 shares during the last quarter. Finally, AT Bancorp bought a new position in shares of Schwab Strategic Trust during the 4th quarter valued at about $5,653,000.
Schwab Strategic Trust (NYSEARCA:SCHR) opened at $52.19 on Friday. Schwab Strategic Trust has a 1-year low of $52.07 and a 1-year high of $54.67.
The business also recently disclosed a monthly dividend, which was paid on Wednesday, February 7th. Shareholders of record on Friday, February 2nd were issued 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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