Corbenic Partners LLC Buys Shares of 7,698 Schwab US Broad Market ETF (NYSEARCA:SCHB)

Corbenic Partners LLC bought a new position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 7,698 shares of the company’s stock, valued at approximately $592,000. Schwab US Broad Market ETF accounts for approximately 0.4% of Corbenic Partners LLC’s investment portfolio, making the stock its 23rd largest holding.

Several other large investors have also modified their holdings of the business. Wealthfront Advisers LLC raised its holdings in shares of Schwab US Broad Market ETF by 2.6% during the third quarter. Wealthfront Advisers LLC now owns 10,864,344 shares of the company’s stock worth $771,586,000 after purchasing an additional 272,735 shares during the period. UBS Group AG lifted its position in Schwab US Broad Market ETF by 55.8% in the 2nd quarter. UBS Group AG now owns 7,458,960 shares of the company’s stock valued at $526,081,000 after purchasing an additional 2,672,870 shares during the last quarter. Evergreen Advisors LLC lifted its position in Schwab US Broad Market ETF by 2.7% in the 3rd quarter. Evergreen Advisors LLC now owns 1,129,226 shares of the company’s stock valued at $80,198,000 after purchasing an additional 30,166 shares during the last quarter. Homrich & Berg boosted its stake in Schwab US Broad Market ETF by 1.4% during the 3rd quarter. Homrich & Berg now owns 1,012,815 shares of the company’s stock valued at $71,930,000 after purchasing an additional 13,626 shares during the period. Finally, Bouchey Financial Group Ltd boosted its stake in Schwab US Broad Market ETF by 1.8% during the 3rd quarter. Bouchey Financial Group Ltd now owns 913,486 shares of the company’s stock valued at $64,876,000 after purchasing an additional 15,809 shares during the period.

Shares of NYSEARCA:SCHB traded up $0.02 during trading hours on Tuesday, hitting $78.34. The stock had a trading volume of 10,856 shares, compared to its average volume of 856,463. The stock’s fifty day simple moving average is $76.25 and its 200 day simple moving average is $72.59. Schwab US Broad Market ETF has a 1-year low of $61.76 and a 1-year high of $78.32.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 17th. Stockholders of record on Friday, December 13th were given a dividend of $0.4623 per share. The ex-dividend date was Thursday, December 12th. This is an increase from Schwab US Broad Market ETF’s previous quarterly dividend of $0.28. This represents a $1.85 annualized dividend and a dividend yield of 2.36%.

Schwab US Broad Market ETF 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.

Read More: Do You Need a Fiduciary?

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)

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