Asset Dedication LLC lowered its stake in shares of Schwab U S Broad Market ETF (NYSEARCA:SCHB) by 1.9% during the fourth quarter, HoldingsChannel.com reports. The fund owned 93,607 shares of the company’s stock after selling 1,830 shares during the period. Schwab U S Broad Market ETF comprises 2.4% of Asset Dedication LLC’s investment portfolio, making the stock its 3rd largest position. Asset Dedication LLC’s holdings in Schwab U S Broad Market ETF were worth $6,039,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. P Solve Investments Ltd purchased a new stake in shares of Schwab U S Broad Market ETF during the third quarter worth $42,264,000. Strategic Advisors LLC increased its position in shares of Schwab U S Broad Market ETF by 14.2% during the fourth quarter. Strategic Advisors LLC now owns 253,234 shares of the company’s stock worth $16,339,000 after acquiring an additional 31,549 shares during the period. Watermark Asset Management Inc. increased its position in shares of Schwab U S Broad Market ETF by 10.3% during the fourth quarter. Watermark Asset Management Inc. now owns 186,980 shares of the company’s stock worth $12,064,000 after acquiring an additional 17,507 shares during the period. Portfolio Solutions LLC increased its position in shares of Schwab U S Broad Market ETF by 2.7% during the fourth quarter. Portfolio Solutions LLC now owns 137,278 shares of the company’s stock worth $8,857,000 after acquiring an additional 3,671 shares during the period. Finally, Gemmer Asset Management LLC increased its position in shares of Schwab U S Broad Market ETF by 13.3% during the fourth quarter. Gemmer Asset Management LLC now owns 114,094 shares of the company’s stock worth $7,361,000 after acquiring an additional 13,382 shares during the period.

Shares of Schwab U S Broad Market ETF (NYSEARCA SCHB) opened at $66.81 on Wednesday. Schwab U S Broad Market ETF has a 12-month low of $54.61 and a 12-month high of $67.62.

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 22nd. Stockholders of record on Tuesday, December 19th were given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.86%. The ex-dividend date was Monday, December 18th.

TRADEMARK VIOLATION WARNING: This piece was originally published by Watch List News and is owned by of Watch List News. If you are viewing this piece on another site, it was illegally copied and republished in violation of US & international copyright law. The legal version of this piece can be read at https://www.watchlistnews.com/asset-dedication-llc-sells-1830-shares-of-schwab-u-s-broad-market-etf-schb/1810493.html.

Schwab U S 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.

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

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

Receive News & Ratings for Schwab U S Broad Market ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab U S Broad Market ETF and related companies with MarketBeat.com's FREE daily email newsletter.