Schwab U S Broad Market ETF (NYSEARCA:SCHB) Shares Sold by Phocas Financial Corp.

Phocas Financial Corp. lessened its holdings in Schwab U S Broad Market ETF (NYSEARCA:SCHB) by 7.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 21,160 shares of the company’s stock after selling 1,700 shares during the period. Phocas Financial Corp.’s holdings in Schwab U S Broad Market ETF were worth $1,365,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Capital Wealth Advisors acquired a new stake in shares of Schwab U S Broad Market ETF in the fourth quarter worth $907,000. Aspen Investment Management Inc increased its position in shares of Schwab U S Broad Market ETF by 27.5% in the fourth quarter. Aspen Investment Management Inc now owns 4,250 shares of the company’s stock worth $274,000 after acquiring an additional 916 shares in the last quarter. HBK Sorce Advisory LLC increased its position in shares of Schwab U S Broad Market ETF by 50.5% in the fourth quarter. HBK Sorce Advisory LLC now owns 27,948 shares of the company’s stock worth $1,803,000 after acquiring an additional 9,373 shares in the last quarter. MainStreet Investment Advisors LLC acquired a new stake in shares of Schwab U S Broad Market ETF in the fourth quarter worth $511,000. Finally, Financial Advocates Investment Management acquired a new stake in Schwab U S Broad Market ETF during the 4th quarter valued at $214,000.

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SCHB stock traded down $0.18 during mid-day trading on Friday, hitting $64.23. 539,358 shares of the company were exchanged, compared to its average volume of 997,308. Schwab U S Broad Market ETF has a twelve month low of $56.29 and a twelve month high of $69.07.

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 22nd. Stockholders of record on Monday, March 19th were given a $0.267 dividend. The ex-dividend date was Friday, March 16th. This represents a $1.07 dividend on an annualized basis and a dividend yield of 1.66%.

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Schwab U S Broad Market ETF Company 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.

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

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