• September 25, 2024

Schwab Asset Management Announces ETF Share Splits

WESTLAKE, Texas, September 25, 2024--Schwab Asset Management®, the asset management arm of The Charles Schwab Corporation, today announced forward share splits on 20 Schwab ETFs. Forward ETF share splits increase the number of shares outstanding and decrease the Net Asset Value (NAV) per share. The share splits will not change the total value of a shareholder’s investment.