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Schwab ETF Share Split News and Updates

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Schwab ETFs have announced a 2-for-1 share split, effective on a specific date. This means that for every one share you own, you'll receive an additional share, effectively doubling your holdings.

The share split is intended to make the ETFs more attractive to individual investors and to reduce the cost of buying and selling shares.

Schwab ETFs are designed to track a variety of market indexes and sectors, offering investors a range of options for diversifying their portfolios.

For more insights, see: Charles Schwab Commission Free Etfs

Schwab ETF Share Split News

Schwab is splitting shares for 20 of its 33 ETFs.

The list of affected ETFs includes SCHX, SCHG, SCHD, and SCHM, among others.

SCHX is splitting 2-for-1, while SCHG and SCHD are splitting 4-for-1 and 3-for-1, respectively.

SCHX, SCHG, and SCHD are not the only ones; there are 20 ETFs in total that will undergo a share split.

No change in total investment value is expected from the share splits, and investors will have more shares at a lower price per share.

Additional reading: Tesla Splitting

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Investors can expect no tax implications from the share splits.

The share splits may increase accessibility for retail investors, potentially boost ETF sales, and enhance liquidity in the market.

Here's the full list of the 20 Schwab ETFs undergoing stock splits:

  1. SCHG (Schwab U.S. Large-Cap Growth ETF): 4-for-1 split
  2. SCHD (Schwab U.S. Dividend Equity ETF): 3-for-1 split
  3. SCHM (Schwab U.S. Mid-Cap ETF): 3-for-1 split
  4. SCHV (Schwab U.S. Large-Cap Value ETF): 3-for-1 split
  5. FNDX (Schwab Fundamental U.S. Large Company ETF): 3-for-1 split
  6. FNDB (Schwab Fundamental U.S. Broad Market ETF): 3-for-1 split
  7. SCHX (Schwab U.S. Large-Cap ETF): 3-for-1 split
  8. SCHB (Schwab U.S. Broad Market ETF): 3-for-1 split
  9. FNDA (Schwab Fundamental U.S. Small Company ETF): 2-for-1 split
  10. SCHK (Schwab 1000 Index ETF): 2-for-1 split
  11. SCHP (Schwab U.S. TIPS ETF): 2-for-1 split
  12. SCYB (Schwab High Yield Bond ETF): 2-for-1 split
  13. SCMB (Schwab Municipal Bond ETF): 2-for-1 split
  14. SCHA (Schwab U.S. Small-Cap ETF): 2-for-1 split
  15. SCHR (Schwab Intermediate-Term U.S. Treasury ETF): 2-for-1 split
  16. SCHJ (Schwab 1-5 Year Corporate Bond ETF): 2-for-1 split
  17. SCHO (Schwab Short-Term U.S. Treasury ETF): 2-for-1 split
  18. SCHZ (Schwab U.S. Aggregate Bond ETF): 2-for-1 split
  19. SCHI (Schwab 5-10 Year Corporate Bond ETF): 2-for-1 split
  20. SCHF (Schwab International Equity ETF): 2-for-1 split

Company Announcements

Schwab Asset Management recently announced forward share splits on 20 of its ETFs. This move is a significant development in the ETF market.

The share splits will affect a range of Schwab ETFs, including those focused on large-cap and dividend equity. For example, the SCHG (Schwab U.S. Large-Cap Growth ETF) will undergo a 4-for-1 split, while the SCHD (Schwab U.S. Dividend Equity ETF) will be split 3-for-1.

The share splits will not change the total investment value of an investor's holdings. This means that investors will end up with more shares at a lower price per share, but the overall value of their investment will remain the same.

The forward share splits are expected to increase accessibility for retail investors, potentially boost ETF sales, and enhance liquidity in the market. This could attract new investors to these funds and influence other ETF providers to follow suit.

Recommended read: Forward Share Split

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Here's a list of the 20 Schwab ETFs undergoing share splits:

  1. SCHG (Schwab U.S. Large-Cap Growth ETF): 4-for-1 split
  2. SCHD (Schwab U.S. Dividend Equity ETF): 3-for-1 split
  3. SCHM (Schwab U.S. Mid-Cap ETF): 3-for-1 split
  4. SCHV (Schwab U.S. Large-Cap Value ETF): 3-for-1 split
  5. FNDX (Schwab Fundamental U.S. Large Company ETF): 3-for-1 split
  6. FNDB (Schwab Fundamental U.S. Broad Market ETF): 3-for-1 split
  7. SCHX (Schwab U.S. Large-Cap ETF): 3-for-1 split
  8. SCHB (Schwab U.S. Broad Market ETF): 3-for-1 split
  9. FNDA (Schwab Fundamental U.S. Small Company ETF): 2-for-1 split
  10. SCHK (Schwab 1000 Index ETF): 2-for-1 split
  11. SCHP (Schwab U.S. TIPS ETF): 2-for-1 split
  12. SCYB (Schwab High Yield Bond ETF): 2-for-1 split
  13. SCMB (Schwab Municipal Bond ETF): 2-for-1 split
  14. SCHA (Schwab U.S. Small-Cap ETF): 2-for-1 split
  15. SCHR (Schwab Intermediate-Term U.S. Treasury ETF): 2-for-1 split
  16. SCHJ (Schwab 1-5 Year Corporate Bond ETF): 2-for-1 split
  17. SCHO (Schwab Short-Term U.S. Treasury ETF): 2-for-1 split
  18. SCHZ (Schwab U.S. Aggregate Bond ETF): 2-for-1 split
  19. SCHI (Schwab 5-10 Year Corporate Bond ETF): 2-for-1 split
  20. SCHF (Schwab International Equity ETF): 2-for-1 split

Sources

  1. https://www.linkedin.com/posts/eandj-incorporated-604436247_schwab-asset-management-announces-etf-share-activity-7245103664208519170-D5JI
  2. https://substack.com/home/post/p-151393339
  3. https://proverbs27flocks.com/2024/10/01/schd-3-for-1-share-split-and-some-investor-tools/
  4. https://www.bogleheads.org/forum/viewtopic.php
  5. https://stockanalysis.com/etf/scho/

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James Hoeger-Bergnaum

Senior Assigning Editor

James Hoeger-Bergnaum is an experienced Assigning Editor with a proven track record of delivering high-quality content. With a keen eye for detail and a passion for storytelling, James has curated articles that captivate and inform readers. His expertise spans a wide range of subjects, including in-depth explorations of the New York financial landscape.

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