Cetera Advisors LLC lifted its stake in shares of Schwab Strategic Trust (NYSEARCA:SCHR) by 30.8% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 102,550 shares of the company’s stock after purchasing an additional 24,153 shares during the quarter. Cetera Advisors LLC’s holdings in Schwab Strategic Trust were worth $5,467,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in SCHR. Benjamin F. Edwards & Company Inc. grew its stake in shares of Schwab Strategic Trust by 359.7% in the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 2,087 shares of the company’s stock worth $111,000 after purchasing an additional 1,633 shares during the last quarter. JMG Financial Group Ltd. bought a new stake in shares of Schwab Strategic Trust in the fourth quarter worth $278,000. IFP Advisors Inc grew its stake in shares of Schwab Strategic Trust by 586.6% in the fourth quarter. IFP Advisors Inc now owns 8,404 shares of the company’s stock worth $448,000 after purchasing an additional 7,180 shares during the last quarter. Tortoise Investment Management LLC grew its stake in shares of Schwab Strategic Trust by 107.9% in the fourth quarter. Tortoise Investment Management LLC now owns 12,006 shares of the company’s stock worth $640,000 after purchasing an additional 6,230 shares during the last quarter. Finally, Live Your Vision LLC grew its stake in shares of Schwab Strategic Trust by 31.4% in the fourth quarter. Live Your Vision LLC now owns 18,714 shares of the company’s stock worth $987,000 after purchasing an additional 4,469 shares during the last quarter.

Shares of Schwab Strategic Trust (NYSEARCA:SCHR) opened at $52.40 on Wednesday. Schwab Strategic Trust has a one year low of $52.21 and a one year high of $54.67.

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, February 7th. Investors of record on Friday, February 2nd were paid a $0.0848 dividend. This is a boost from Schwab Strategic Trust’s previous monthly dividend of $0.08. The ex-dividend date of this dividend was Thursday, February 1st. This represents a $1.02 annualized dividend and a dividend yield of 1.94%.

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Institutional Ownership by Quarter for Schwab Strategic Trust (NYSEARCA:SCHR)

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