Pinkerton Retirement Specialists LLC increased its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 12.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 265,380 shares of the company’s stock after acquiring an additional 30,315 shares during the quarter. Schwab US Broad Market ETF makes up 8.0% of Pinkerton Retirement Specialists LLC’s portfolio, making the stock its 3rd biggest position. Pinkerton Retirement Specialists LLC owned 0.13% of Schwab US Broad Market ETF worth $15,904,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the stock. Nalls Sherbakoff Group LLC acquired a new stake in Schwab US Broad Market ETF during the fourth quarter valued at approximately $7,049,000. Lowe Brockenbrough & Co. Inc. raised its stake in Schwab US Broad Market ETF by 4.7% during the fourth quarter. Lowe Brockenbrough & Co. Inc. now owns 13,643 shares of the company’s stock valued at $818,000 after buying an additional 615 shares in the last quarter. Western Wealth Management LLC acquired a new stake in Schwab US Broad Market ETF during the fourth quarter valued at approximately $913,000. Cetera Advisor Networks LLC raised its stake in Schwab US Broad Market ETF by 28.6% during the fourth quarter. Cetera Advisor Networks LLC now owns 4,100 shares of the company’s stock valued at $247,000 after buying an additional 911 shares in the last quarter. Finally, Mutual Advisors LLC raised its stake in Schwab US Broad Market ETF by 2.7% during the fourth quarter. Mutual Advisors LLC now owns 15,852 shares of the company’s stock valued at $950,000 after buying an additional 421 shares in the last quarter.

Shares of NYSEARCA:SCHB traded up $0.16 during trading on Monday, hitting $67.30. 53,095 shares of the company traded hands, compared to its average volume of 1,292,414. Schwab US Broad Market ETF has a one year low of $56.12 and a one year high of $71.36.

The business also recently announced a quarterly dividend, which will be paid on Monday, March 25th. Stockholders of record on Thursday, March 21st will be issued a dividend of $0.2777 per share. The ex-dividend date of this dividend is Wednesday, March 20th. 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 dividend yield of 1.65%.

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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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