Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Bought by Bank of America Corp DE

Bank of America Corp DE increased its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 13.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,340,811 shares of the company’s stock after acquiring an additional 154,028 shares during the quarter. Bank of America Corp DE owned about 0.66% of Schwab US Broad Market ETF worth $80,355,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. SG Americas Securities LLC lifted its position in shares of Schwab US Broad Market ETF by 5.6% in the third quarter. SG Americas Securities LLC now owns 42,257 shares of the company’s stock valued at $2,974,000 after acquiring an additional 2,258 shares in the last quarter. MML Investors Services LLC increased its holdings in shares of Schwab US Broad Market ETF by 29.2% during the 3rd quarter. MML Investors Services LLC now owns 8,563 shares of the company’s stock worth $603,000 after buying an additional 1,936 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in Schwab US Broad Market ETF by 20.5% in the 3rd quarter. Bank of New York Mellon Corp now owns 10,453 shares of the company’s stock valued at $736,000 after purchasing an additional 1,775 shares during the last quarter. Pinnacle Associates Ltd. grew its stake in shares of Schwab US Broad Market ETF by 19.6% in the third quarter. Pinnacle Associates Ltd. now owns 13,683 shares of the company’s stock worth $963,000 after acquiring an additional 2,242 shares in the last quarter. Finally, Acorn Wealth Advisors LLC grew its stake in shares of Schwab US Broad Market ETF by 9.6% in the third quarter. Acorn Wealth Advisors LLC now owns 20,292 shares of the company’s stock worth $1,335,000 after acquiring an additional 1,769 shares in the last quarter.

SCHB traded down $0.05 on Monday, reaching $69.87. The company had a trading volume of 712,791 shares, compared to its average volume of 1,175,571. 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 announced a quarterly dividend, which was paid on Monday, March 25th. Shareholders of record on Thursday, March 21st were given a dividend of $0.2777 per share. This is a positive change from Schwab US Broad Market ETF’s previous quarterly dividend of $0.08. This represents a $1.11 annualized dividend and a yield of 1.59%. The ex-dividend date was Wednesday, March 20th.

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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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