Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Bought by Advisory Services Network LLC

Advisory Services Network LLC grew its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 181.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 77,022 shares of the company’s stock after purchasing an additional 49,677 shares during the period. Advisory Services Network LLC’s holdings in Schwab US Broad Market ETF were worth $1,748,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Promus Capital LLC acquired a new position in Schwab US Broad Market ETF in the 4th quarter valued at $25,000. Blume Capital Management Inc. increased its stake in shares of Schwab US Broad Market ETF by 200.3% during the fourth quarter. Blume Capital Management Inc. now owns 1,111 shares of the company’s stock worth $25,000 after acquiring an additional 741 shares during the period. Tucker Asset Management LLC raised its holdings in Schwab US Broad Market ETF by 233.9% during the fourth quarter. Tucker Asset Management LLC now owns 1,092 shares of the company’s stock worth $25,000 after purchasing an additional 765 shares in the last quarter. Maryland Capital Advisors Inc. lifted its position in Schwab US Broad Market ETF by 200.0% in the fourth quarter. Maryland Capital Advisors Inc. now owns 1,161 shares of the company’s stock valued at $26,000 after purchasing an additional 774 shares during the period. Finally, Wiser Advisor Group LLC boosted its holdings in Schwab US Broad Market ETF by 200.8% in the 4th quarter. Wiser Advisor Group LLC now owns 1,176 shares of the company’s stock valued at $27,000 after purchasing an additional 785 shares in the last quarter.

Schwab US Broad Market ETF Trading Up 1.5 %

NYSEARCA SCHB opened at $20.48 on Friday. The stock has a market capitalization of $29.29 billion, a price-to-earnings ratio of 23.74 and a beta of 1.05. The business’s 50 day moving average is $22.06 and its two-hundred day moving average is $22.61. Schwab US Broad Market ETF has a 12-month low of $18.53 and a 12-month high of $23.77.

Schwab US Broad Market ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 26th were issued a dividend of $0.0649 per share. The ex-dividend date of this dividend was Wednesday, March 26th.

Schwab US Broad Market ETF Company Profile

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.