Schwab Strategic Trust is a no-load, open-end management investment company. The trust seeks to track as closely as possible, before fees and expenses, the total return of the Dow Jones U.S. Broad Stock Market Index. We show 248 historical shares outstanding datapoints in our SCHB shares outstanding history coverage, used to compute SCHB market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SCHB market cap history over the course of time is important for investors
interested in comparing SCHB's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of SCHB versus a peer is one thing; comparing
SCHB market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like SCHB can fluctuate over the course of history.
With this page we aim to empower investors researching SCHB by allowing them to research the SCHB market cap history. |
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Video: The Importance of Market Cap
