Accredited Investors Inc. Has $110.66 Million Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Accredited Investors Inc. boosted its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 201.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,874,788 shares of the company’s stock after purchasing an additional 3,255,414 shares during the period. Schwab US Broad Market ETF accounts for approximately 6.5% of Accredited Investors Inc.’s portfolio, making the stock its 3rd biggest position. Accredited Investors Inc. owned about 1.06% of Schwab US Broad Market ETF worth $110,658,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in SCHB. Cornerstone Planning Group LLC lifted its position in Schwab US Broad Market ETF by 4.6% in the 4th quarter. Cornerstone Planning Group LLC now owns 10,600 shares of the company’s stock valued at $247,000 after acquiring an additional 462 shares in the last quarter. Wilson & Boucher Capital Management LLC raised its position in shares of Schwab US Broad Market ETF by 0.6% in the 3rd quarter. Wilson & Boucher Capital Management LLC now owns 94,094 shares of the company’s stock worth $6,259,000 after purchasing an additional 575 shares during the last quarter. Fulcrum Equity Management boosted its holdings in shares of Schwab US Broad Market ETF by 6.3% in the third quarter. Fulcrum Equity Management now owns 11,192 shares of the company’s stock worth $744,000 after buying an additional 668 shares during the last quarter. Valley Wealth Managers Inc. lifted its holdings in shares of Schwab US Broad Market ETF by 45.5% in the fourth quarter. Valley Wealth Managers Inc. now owns 2,262 shares of the company’s stock worth $51,000 after buying an additional 707 shares in the last quarter. Finally, Blume Capital Management Inc. raised its holdings in Schwab US Broad Market ETF by 200.3% during the 4th quarter. Blume Capital Management Inc. now owns 1,111 shares of the company’s stock valued at $25,000 after buying an additional 741 shares during the period.

Schwab US Broad Market ETF Price Performance

Shares of Schwab US Broad Market ETF stock opened at $20.88 on Thursday. Schwab US Broad Market ETF has a 1 year low of $18.53 and a 1 year high of $23.77. The stock has a market cap of $29.86 billion, a PE ratio of 23.74 and a beta of 1.05. The firm has a fifty day moving average price of $22.18 and a 200 day moving average price of $22.63.

Schwab US Broad Market ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th were given a $0.0649 dividend. The ex-dividend date was Wednesday, March 26th.

About Schwab US Broad Market ETF

Schwab U.S. Broad Market ETF (the Fund) seeks to track the total return of the Dow Jones U.S. Small-Cap Total Stock Market Index (the Index). The Index is a float-adjusted market capitalization weighted index that reflects the shares of securities actually available to investors in the marketplace. The Fund’s index includes the 2,500 publicly traded United States companies for, which pricing information is available.