|Bid||55.25 x 3000|
|Ask||55.38 x 1100|
|Day's range||54.56 - 55.53|
|52-week range||45.00 - 86.63|
|Beta (5Y monthly)||0.92|
|PE ratio (TTM)||16.09|
|Earnings date||16 Oct 2023 - 20 Oct 2023|
|Forward dividend & yield||1.00 (1.81%)|
|Ex-dividend date||10 Aug 2023|
|1y target est||74.02|
The Charles Schwab Corporation (SCHW) closed the most recent trading day at $55.35, moving +0.36% from the previous trading session.
Schwab Asset Management on Monday said it cut fees on the Schwab High-Yield Bond ETF (SCYB) and the Schwab U.S. TIPS ETF, which offers exposure to inflation-protected Treasury securities, to just three basis points, or 0.03%, to attract investors. Schwab's high-yield bond offering, launched earlier this year, competes head-to-head with products like the SPDR Portfolio High Yield Bond ETF (SPHY). "Investors continue to consistently rank the expense ratio at the top of the list of the factors they consider most important in owning an ETF," said David Botset, managing director of equity product management and innovation at Schwab.
(Bloomberg) -- Schwab Asset Management is making an aggressive attempt to offer some of the cheapest bond exchange-traded funds on the market.Most Read from BloombergIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesCostco Offers Members $29 Online Health Care VisitsBonds Sink, S&P 500 Snaps Four-Day Losing Streak: Markets WrapIndia-Canada Clash Should Be a Wake-Up CallEx-Wall Streeters Help Washington Divvy Up $100 Billion to Win the Global Chip RaceThe asset manager