Pure Financial Advisors Inc. Buys 2,972 Shares of Schwab US Broad Market ETF (SCHB)

Pure Financial Advisors Inc. lifted its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 20.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,409 shares of the company’s stock after acquiring an additional 2,972 shares during the quarter. Pure Financial Advisors Inc.’s holdings in Schwab US Broad Market ETF were worth $1,043,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of SCHB. FMR LLC increased its holdings in Schwab US Broad Market ETF by 30.9% in the second quarter. FMR LLC now owns 18,078 shares of the company’s stock valued at $1,193,000 after buying an additional 4,270 shares during the last quarter. Raymond James & Associates increased its holdings in Schwab US Broad Market ETF by 7.8% in the second quarter. Raymond James & Associates now owns 38,093 shares of the company’s stock valued at $2,514,000 after buying an additional 2,744 shares during the last quarter. Bank of America Corp DE increased its holdings in Schwab US Broad Market ETF by 20.7% in the second quarter. Bank of America Corp DE now owns 1,173,965 shares of the company’s stock valued at $77,471,000 after buying an additional 201,656 shares during the last quarter. Signaturefd LLC increased its holdings in Schwab US Broad Market ETF by 97.7% in the second quarter. Signaturefd LLC now owns 4,781 shares of the company’s stock valued at $315,000 after buying an additional 2,363 shares during the last quarter. Finally, Colony Group LLC increased its holdings in Schwab US Broad Market ETF by 12.3% in the second quarter. Colony Group LLC now owns 9,431 shares of the company’s stock valued at $622,000 after buying an additional 1,032 shares during the last quarter.

NYSEARCA:SCHB traded down $0.01 during trading hours on Friday, hitting $62.36. The company’s stock had a trading volume of 67,594 shares, compared to its average volume of 1,702,816. Schwab US Broad Market ETF has a 52-week low of $56.12 and a 52-week high of $71.36.

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 3rd. Investors of record on Monday, December 31st were issued a $0.0798 dividend. This represents a $0.32 annualized dividend and a yield of 0.51%. The ex-dividend date of this dividend was Friday, December 28th.

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

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