CRA Financial Services LLC increased its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 3.7% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 19,928 shares of the company’s stock after buying an additional 708 shares during the period. CRA Financial Services LLC’s holdings in Schwab US Broad Market ETF were worth $1,356,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Betterment LLC raised its stake in Schwab US Broad Market ETF by 0.7% during the first quarter. Betterment LLC now owns 6,802,748 shares of the company’s stock worth $462,927,000 after buying an additional 46,922 shares during the last quarter. Ackerman Capital Advisors LLC bought a new position in Schwab US Broad Market ETF during the fourth quarter worth $60,000,000. Mirae Asset Global Investments Co. Ltd. raised its stake in Schwab US Broad Market ETF by 66.3% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,362,136 shares of the company’s stock worth $81,633,000 after buying an additional 543,000 shares during the last quarter. Bank of America Corp DE raised its stake in 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 worth $80,355,000 after buying an additional 154,028 shares during the last quarter. Finally, Fort Pitt Capital Group LLC raised its stake in Schwab US Broad Market ETF by 239.2% during the fourth quarter. Fort Pitt Capital Group LLC now owns 1,163,943 shares of the company’s stock worth $69,755,000 after buying an additional 820,829 shares during the last quarter.

Shares of NYSEARCA SCHB opened at $69.92 on Monday. Schwab US Broad Market ETF has a twelve month low of $56.12 and a twelve month high of $71.36.

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

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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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