Gemmer Asset Management LLC Boosts Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

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Gemmer Asset Management LLC boosted its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 3.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 314,557 shares of the company’s stock after acquiring an additional 11,424 shares during the quarter. Schwab US Broad Market ETF accounts for about 5.5% of Gemmer Asset Management LLC’s portfolio, making the stock its 4th largest position. Gemmer Asset Management LLC owned 0.15% of Schwab US Broad Market ETF worth $22,340,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Steward Partners Investment Advisory LLC bought a new stake in Schwab US Broad Market ETF during the 2nd quarter worth approximately $26,000. Gradient Investments LLC lifted its position in shares of Schwab US Broad Market ETF by 280.0% in the 2nd quarter. Gradient Investments LLC now owns 494 shares of the company’s stock worth $35,000 after purchasing an additional 364 shares during the period. Advisory Alpha LLC acquired a new position in shares of Schwab US Broad Market ETF in the 1st quarter worth approximately $37,000. Astor Investment Management LLC acquired a new position in shares of Schwab US Broad Market ETF in the 2nd quarter worth approximately $44,000. Finally, Armor Investment Advisors LLC lifted its position in shares of Schwab US Broad Market ETF by 410.0% in the 2nd quarter. Armor Investment Advisors LLC now owns 765 shares of the company’s stock worth $54,000 after purchasing an additional 615 shares during the period.

Shares of NYSEARCA SCHB opened at $70.86 on Friday. Schwab US Broad Market ETF has a 52-week low of $56.12 and a 52-week high of $72.63. The company’s 50 day moving average price is $70.60 and its 200-day moving average price is $69.99.

The company also recently declared a — dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a $0.3405 dividend. The ex-dividend date of this dividend was Wednesday, September 25th. This represents a dividend yield of 1.8%.

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

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