Schwab US Broad Market ETF (SCHB) Shares Bought by Carnegie Capital Asset Management LLC

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Carnegie Capital Asset Management LLC raised its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 142.4% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 13,647 shares of the company’s stock after buying an additional 8,017 shares during the period. Carnegie Capital Asset Management LLC’s holdings in Schwab US Broad Market ETF were worth $930,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the business. Milliman Financial Risk Management LLC increased its stake in shares of Schwab US Broad Market ETF by 2.5% during the 2nd quarter. Milliman Financial Risk Management LLC now owns 13,584,431 shares of the company’s stock worth $896,437,000 after purchasing an additional 336,105 shares in the last quarter. Evensky & Katz LLC increased its stake in shares of Schwab US Broad Market ETF by 3.6% during the 2nd quarter. Evensky & Katz LLC now owns 2,655,499 shares of the company’s stock worth $175,236,000 after purchasing an additional 93,323 shares in the last quarter. UBS Group AG increased its stake in shares of Schwab US Broad Market ETF by 4.0% during the 1st quarter. UBS Group AG now owns 2,178,842 shares of the company’s stock worth $138,988,000 after purchasing an additional 84,195 shares in the last quarter. 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 worth $93,283,000 after purchasing an additional 31,489 shares in the last quarter. Finally, Bank of America Corp DE boosted its position 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 worth $77,471,000 after acquiring an additional 201,656 shares during the last quarter.

NYSEARCA SCHB traded up $0.83 during mid-day trading on Friday, reaching $66.47. 3,552,811 shares of the stock were exchanged, compared to its average volume of 769,051. Schwab US Broad Market ETF has a 1-year low of $61.07 and a 1-year high of $71.36.

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

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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