Schwab US Broad Market ETF (SCHB) Shares Bought by Northern Trust Corp

Northern Trust Corp lifted its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 88.5% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,033,333 shares of the company’s stock after acquiring an additional 1,423,724 shares during the quarter. Northern Trust Corp’s holdings in Schwab US Broad Market ETF were worth $200,170,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in SCHB. BlackRock Inc. grew its position in Schwab US Broad Market ETF by 2.5% during the first quarter. BlackRock Inc. now owns 144,881 shares of the company’s stock valued at $9,242,000 after buying an additional 3,509 shares during the period. Cabot Wealth Management Inc. bought a new stake in Schwab US Broad Market ETF during the first quarter valued at approximately $262,000. Gemmer Asset Management LLC grew its position in Schwab US Broad Market ETF by 11.7% during the first quarter. Gemmer Asset Management LLC now owns 127,447 shares of the company’s stock valued at $8,130,000 after buying an additional 13,353 shares during the period. Mutual Advisors LLC grew its position in Schwab US Broad Market ETF by 6.3% during the first quarter. Mutual Advisors LLC now owns 14,597 shares of the company’s stock valued at $931,000 after buying an additional 867 shares during the period. Finally, Roundview Capital LLC grew its position in Schwab US Broad Market ETF by 4.0% during the first quarter. Roundview Capital LLC now owns 68,199 shares of the company’s stock valued at $4,350,000 after buying an additional 2,653 shares during the period.

Shares of NYSEARCA SCHB opened at $70.16 on Thursday. Schwab US Broad Market ETF has a 12-month low of $60.28 and a 12-month high of $71.36.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 28th. Investors of record on Wednesday, September 26th will be given a dividend of $0.3102 per share. This represents a $1.24 annualized dividend and a yield of 1.77%. This is a positive change from Schwab US Broad Market ETF’s previous quarterly dividend of $0.29. The ex-dividend date is Tuesday, September 25th.

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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Want to see what other hedge funds are holding SCHB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab US Broad Market ETF (NYSEARCA:SCHB).

Institutional Ownership by Quarter for Schwab US Broad Market ETF (NYSEARCA:SCHB)

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