Schwab US Broad Market ETF (SCHB) Stake Lifted by AJ Wealth Strategies LLC

AJ Wealth Strategies LLC grew its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 64.0% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,157 shares of the company’s stock after purchasing an additional 6,308 shares during the period. AJ Wealth Strategies LLC’s holdings in Schwab US Broad Market ETF were worth $1,066,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SCHB. Sandy Spring Bank grew its position in shares of Schwab US Broad Market ETF by 115.4% during the 1st quarter. Sandy Spring Bank now owns 1,719 shares of the company’s stock valued at $110,000 after purchasing an additional 921 shares in the last quarter. Blackhawk Capital Partners LLC. grew its position in Schwab US Broad Market ETF by 161.8% in the first quarter. Blackhawk Capital Partners LLC. now owns 1,893 shares of the company’s stock worth $121,000 after acquiring an additional 1,170 shares in the last quarter. Efficient Advisors LLC purchased a new position in Schwab US Broad Market ETF in the first quarter worth $137,000. Tortoise Investment Management LLC grew its position in Schwab US Broad Market ETF by 99.5% in the first quarter. Tortoise Investment Management LLC now owns 2,205 shares of the company’s stock worth $141,000 after acquiring an additional 1,100 shares in the last quarter. Finally, Signaturefd LLC purchased a new position in Schwab US Broad Market ETF in the first quarter worth $154,000.

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Schwab US Broad Market ETF traded down $0.15, hitting $68.17, during midday trading on Thursday, Marketbeat reports. The company had a trading volume of 563,470 shares, compared to its average volume of 800,332. Schwab US Broad Market ETF has a 52-week low of $58.24 and a 52-week high of $69.07.

The business also recently announced a quarterly dividend, which was paid on Friday, June 29th. Investors of record on Wednesday, June 27th were given a $0.2874 dividend. The ex-dividend date of this dividend was Tuesday, June 26th. This is a positive change from Schwab US Broad Market ETF’s previous quarterly dividend of $0.27. This represents a $1.15 annualized dividend and a yield of 1.69%.

About Schwab US Broad Market ETF

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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