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Financial firms boost investments in Schwab's large-cap and dividend ETFs, totaling over $1 billion.
Several financial firms have increased their stakes in various Schwab ETFs, including the Schwab U.S. Large-Cap Growth ETF (SCHG) and Schwab US Dividend Equity ETF (SCHD), in the fourth quarter.
M Holdings bought 59,676 shares of SCHG, valued at $1.66 million, while Sei Investments increased its ownership to 38 million shares, worth $1.06 billion.
For SCHD, M Holdings bought $851,000 worth of shares, and Keystone Financial acquired 9,187 shares.
These ETFs track indices of large-cap growth and dividend-paying U.S. companies, respectively.
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Las empresas financieras aumentan las inversiones en los ETF de gran capitalización y dividendos de Schwab, totalizando más de $ 1 mil millones.