South Texas Money Management Ltd. Sells 171 Shares of Schwab US Broad Market ETF (SCHB)

South Texas Money Management Ltd. reduced its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 3.7% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 4,476 shares of the company’s stock after selling 171 shares during the quarter. South Texas Money Management Ltd.’s holdings in Schwab US Broad Market ETF were worth $305,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Ackerman Capital Advisors LLC acquired a new position in shares of Schwab US Broad Market ETF during the 4th quarter worth about $60,000,000. Betterment LLC grew its position in shares of Schwab US Broad Market ETF by 112.1% during the 4th quarter. Betterment LLC now owns 6,755,826 shares of the company’s stock worth $404,877,000 after buying an additional 3,570,450 shares during the period. Evergreen Advisors LLC acquired a new position in shares of Schwab US Broad Market ETF during the 4th quarter worth about $62,126,000. Fort Pitt Capital Group LLC grew its position in shares of Schwab US Broad Market ETF by 239.2% during the 4th 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 period. Finally, Mirae Asset Global Investments Co. Ltd. grew its position in shares of Schwab US Broad Market ETF by 66.3% during the 4th 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 period.

Schwab US Broad Market ETF stock opened at $69.90 on Wednesday. Schwab US Broad Market ETF has a 1 year low of $56.12 and a 1 year high of $71.36.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 25th. Investors of record on Thursday, March 21st were given a $0.2777 dividend. The ex-dividend date was 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 1.59%.

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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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