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Published on 23 Sep 2024 on etf.com · via Yahoo Finance

Schwab Splitting Shares for Two-Thirds of ETF Lineup

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Charles Schwab

Schwab Asset Management is splitting shares on two-thirds of its 33 exchange-traded funds, aiming to stimulate sales with lower share prices.

The company announced this week an effort to make 20 of its exchange-traded funds more appealing to financial advisors and retail investors by reducing the net asset values through share splits.

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