MML Investors Services LLC Boosts Holdings in Schwab US Broad Market ETF (SCHB)

MML Investors Services LLC increased its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 47.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,591 shares of the company’s stock after purchasing an additional 4,028 shares during the period. MML Investors Services LLC’s holdings in Schwab US Broad Market ETF were worth $755,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the business. Green Square Capital LLC grew its holdings in shares of Schwab US Broad Market ETF by 9.2% during the fourth quarter. Green Square Capital LLC now owns 22,179 shares of the company’s stock valued at $1,331,000 after buying an additional 1,872 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of Schwab US Broad Market ETF by 13.0% during the fourth quarter. Bank of America Corp DE now owns 1,340,811 shares of the company’s stock valued at $80,355,000 after buying an additional 154,028 shares in the last quarter. Wealthcare Advisory Partners LLC boosted its position in Schwab US Broad Market ETF by 306.0% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 2,712 shares of the company’s stock valued at $163,000 after purchasing an additional 2,044 shares during the last quarter. HHM Wealth Advisors LLC acquired a new stake in Schwab US Broad Market ETF during the fourth quarter valued at $17,188,000. Finally, Bowie Capital Management LLC acquired a new stake in Schwab US Broad Market ETF during the fourth quarter valued at $240,000.

SCHB traded up $0.08 during trading on Friday, reaching $69.73. 3,096,385 shares of the stock traded hands, compared to its average volume of 1,184,648. Schwab US Broad Market ETF has a fifty-two week low of $56.12 and a fifty-two week high of $71.36.

The business also recently declared a quarterly dividend, which was paid on Monday, March 25th. Shareholders of record on Thursday, March 21st were given a $0.2777 dividend. The ex-dividend date was Wednesday, March 20th. This represents a $1.11 dividend on an annualized basis and a dividend yield of 1.59%. This is a boost from Schwab US Broad Market ETF’s previous quarterly dividend of $0.08.

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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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