Schwab US Broad Market ETF (SCHB) Position Cut by Personal Capital Advisors Corp

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Personal Capital Advisors Corp reduced its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 17.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,607 shares of the company’s stock after selling 2,250 shares during the period. Personal Capital Advisors Corp’s holdings in Schwab US Broad Market ETF were worth $747,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in SCHB. Strategic Advisors LLC boosted its stake in shares of Schwab US Broad Market ETF by 5.3% in the second quarter. Strategic Advisors LLC now owns 306,192 shares of the company’s stock valued at $20,206,000 after purchasing an additional 15,370 shares during the period. SNS Financial Group LLC increased its stake in shares of Schwab US Broad Market ETF by 20.2% during the 2nd quarter. SNS Financial Group LLC now owns 310,818 shares of the company’s stock valued at $20,511,000 after acquiring an additional 52,339 shares during the last quarter. Hanson & Doremus Investment Management increased its stake in shares of Schwab US Broad Market ETF by 2.2% during the 2nd quarter. Hanson & Doremus Investment Management now owns 601,370 shares of the company’s stock valued at $39,684,000 after acquiring an additional 13,216 shares during the last quarter. White Pine Investment CO increased its stake in shares of Schwab US Broad Market ETF by 13.6% during the 2nd quarter. White Pine Investment CO now owns 28,225 shares of the company’s stock valued at $1,863,000 after acquiring an additional 3,386 shares during the last quarter. Finally, Retirement Planning Group increased its stake in shares of Schwab US Broad Market ETF by 2.3% during the 2nd quarter. Retirement Planning Group now owns 1,413,593 shares of the company’s stock valued at $93,283,000 after acquiring an additional 31,489 shares during the last quarter.

NYSEARCA SCHB opened at $66.47 on Friday. Schwab US Broad Market ETF has a 12 month low of $61.07 and a 12 month high of $71.36.

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 28th. Stockholders of record on Wednesday, September 26th were paid a dividend of $0.3102 per share. The ex-dividend date of this dividend was Tuesday, September 25th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.87%. This is an increase from Schwab US Broad Market ETF’s previous quarterly dividend of $0.29.

Schwab US 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.

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

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