Hanson McClain Inc. lifted its holdings in shares of Schwab U S Broad Market ETF (NYSEARCA:SCHB) by 5.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 15,426 shares of the company’s stock after acquiring an additional 795 shares during the quarter. Hanson McClain Inc.’s holdings in Schwab U S Broad Market ETF were worth $995,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in SCHB. Icon Wealth Partners LLC bought a new position in shares of Schwab U S Broad Market ETF during the fourth quarter worth about $163,000. Front Row Advisors LLC bought a new position in shares of Schwab U S Broad Market ETF during the fourth quarter worth about $174,000. Emery Howard Portfolio Management Inc. bought a new position in shares of Schwab U S Broad Market ETF during the fourth quarter worth about $202,000. FundX Investment Group LLC bought a new position in shares of Schwab U S Broad Market ETF during the fourth quarter worth about $202,000. Finally, Clarkston Capital Partners LLC bought a new position in shares of Schwab U S Broad Market ETF during the fourth quarter worth about $209,000.

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Schwab U S Broad Market ETF stock opened at $64.98 on Thursday. Schwab U S Broad Market ETF has a fifty-two week low of $55.87 and a fifty-two week high of $69.07.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 22nd. Investors of record on Monday, March 19th will be issued a dividend of $0.267 per share. The ex-dividend date of this dividend is Friday, March 16th. This represents a $1.07 dividend on an annualized basis and a dividend yield of 1.64%.

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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.

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)

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