Schwab U S Broad Market ETF (SCHB) Shares Bought by Gemmer Asset Management LLC

Gemmer Asset Management LLC lifted its holdings in Schwab U S Broad Market ETF (NYSEARCA:SCHB) by 13.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 114,094 shares of the company’s stock after buying an additional 13,382 shares during the quarter. Schwab U S Broad Market ETF comprises 2.5% of Gemmer Asset Management LLC’s portfolio, making the stock its 13th biggest holding. Gemmer Asset Management LLC’s holdings in Schwab U S Broad Market ETF were worth $7,361,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in SCHB. P Solve Investments Ltd bought a new position in shares of Schwab U S Broad Market ETF in the third quarter valued at about $42,264,000. Trellis Advisors LLC bought a new position in shares of Schwab U S Broad Market ETF in the fourth quarter valued at about $2,466,000. Vista Private Wealth Partners. LLC bought a new position in shares of Schwab U S Broad Market ETF in the third quarter valued at about $959,000. First National Bank of Mount Dora Trust Investment Services bought a new position in shares of Schwab U S Broad Market ETF in the fourth quarter valued at about $742,000. Finally, Mitchell Sinkler & Starr PA bought a new position in shares of Schwab U S Broad Market ETF in the fourth quarter valued at about $527,000.

Schwab U S Broad Market ETF (NYSEARCA:SCHB) traded up $0.06 during trading on Tuesday, hitting $67.20. The company had a trading volume of 598,700 shares, compared to its average volume of 677,900. Schwab U S Broad Market ETF has a fifty-two week low of $54.61 and a fifty-two week high of $67.16.

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 22nd. Investors of record on Tuesday, December 19th were given a $0.31 dividend. The ex-dividend date of this dividend was Monday, December 18th. This represents a $1.24 dividend on an annualized basis and a yield of 1.85%.

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About Schwab U S 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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Institutional Ownership by Quarter for Schwab U S Broad Market ETF (NYSEARCA:SCHB)

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