Schwab US Broad Market ETF (SCHB) Shares Bought by Sheets Smith Wealth Management

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Sheets Smith Wealth Management increased its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 47.7% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 31,485 shares of the company’s stock after purchasing an additional 10,174 shares during the quarter. Sheets Smith Wealth Management’s holdings in Schwab US Broad Market ETF were worth $1,887,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Northern Trust Corp raised its stake in Schwab US Broad Market ETF by 88.5% during the second quarter. Northern Trust Corp now owns 3,033,333 shares of the company’s stock valued at $200,170,000 after buying an additional 1,423,724 shares during the last quarter. Evensky & Katz LLC raised its stake in Schwab US Broad Market ETF by 0.7% during the third quarter. Evensky & Katz LLC now owns 2,672,819 shares of the company’s stock valued at $188,139,000 after buying an additional 17,320 shares during the last quarter. Retirement Planning Group raised its stake in Schwab US Broad Market ETF by 1.0% during the third quarter. Retirement Planning Group now owns 1,428,010 shares of the company’s stock valued at $100,518,000 after buying an additional 14,417 shares during the last quarter. HT Partners LLC raised its stake in Schwab US Broad Market ETF by 0.5% during the third quarter. HT Partners LLC now owns 1,401,284 shares of the company’s stock valued at $99,078,000 after buying an additional 6,444 shares during the last quarter. Finally, Bank of America Corp DE raised its stake in Schwab US Broad Market ETF by 20.7% during the second quarter. Bank of America Corp DE now owns 1,173,965 shares of the company’s stock valued at $77,471,000 after buying an additional 201,656 shares during the last quarter.

NYSEARCA:SCHB traded down $0.20 during trading hours on Friday, reaching $62.17. 46,231 shares of the company traded hands, compared to its average volume of 1,702,816. Schwab US Broad Market ETF has a 1 year low of $56.12 and a 1 year high of $71.36.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 3rd. Shareholders of record on Monday, December 31st were paid a dividend of $0.0798 per share. This represents a $0.32 dividend on an annualized basis and a yield of 0.51%. The ex-dividend date was Friday, December 28th.

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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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