Rocky Mountain Advisers LLC increased its holdings in Schwab U S Broad Market ETF (NYSEARCA:SCHB) by 30.2% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,089 shares of the company’s stock after buying an additional 4,199 shares during the period. Schwab U S Broad Market ETF comprises about 4.6% of Rocky Mountain Advisers LLC’s holdings, making the stock its 3rd largest position. Rocky Mountain Advisers LLC’s holdings in Schwab U S Broad Market ETF were worth $1,167,000 at the end of the most recent quarter.
Several other institutional investors have also added to or reduced their stakes in the stock. Icon Wealth Partners LLC purchased a new stake in shares of Schwab U S Broad Market ETF during the 4th quarter worth about $163,000. Front Row Advisors LLC purchased a new position in shares of Schwab U S Broad Market ETF during the 4th quarter valued at approximately $174,000. Emery Howard Portfolio Management Inc. purchased a new position in shares of Schwab U S Broad Market ETF during the 4th quarter valued at approximately $202,000. FundX Investment Group LLC purchased a new position in shares of Schwab U S Broad Market ETF during the 4th quarter valued at approximately $202,000. Finally, Clarkston Capital Partners LLC acquired a new stake in shares of Schwab U S Broad Market ETF during the 4th quarter valued at approximately $209,000.
Shares of Schwab U S Broad Market ETF (NYSEARCA:SCHB) traded up $0.08 during midday trading on Tuesday, reaching $65.59. The company’s stock had a trading volume of 407,784 shares, compared to its average volume of 980,671. Schwab U S Broad Market ETF has a 1 year low of $55.87 and a 1 year high of $69.07.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 22nd. Stockholders of record on Monday, March 19th will be issued a dividend of $0.267 per share. This represents a $1.07 dividend on an annualized basis and a dividend yield of 1.63%. The ex-dividend date is Friday, March 16th.
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Schwab U S 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.
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