Main Street Financial Solutions LLC Buys 216,405 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Main Street Financial Solutions LLC lifted its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 193.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 328,102 shares of the company’s stock after buying an additional 216,405 shares during the quarter. Main Street Financial Solutions LLC owned about 0.07% of Schwab US Broad Market ETF worth $7,448,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the stock. Tudor Financial Inc. purchased a new position in shares of Schwab US Broad Market ETF in the 3rd quarter valued at approximately $996,000. Fulcrum Equity Management lifted its position in Schwab US Broad Market ETF by 6.3% during the third quarter. Fulcrum Equity Management now owns 11,192 shares of the company’s stock valued at $744,000 after buying an additional 668 shares during the period. Sanctuary Advisors LLC boosted its holdings in shares of Schwab US Broad Market ETF by 194.9% during the 3rd quarter. Sanctuary Advisors LLC now owns 30,939 shares of the company’s stock valued at $2,058,000 after buying an additional 20,447 shares in the last quarter. World Investment Advisors LLC grew its position in shares of Schwab US Broad Market ETF by 119.5% in the 3rd quarter. World Investment Advisors LLC now owns 16,470 shares of the company’s stock worth $1,096,000 after buying an additional 8,968 shares during the period. Finally, Wilmington Savings Fund Society FSB bought a new position in shares of Schwab US Broad Market ETF in the 3rd quarter worth about $703,000.

Schwab US Broad Market ETF Price Performance

NYSEARCA:SCHB opened at $20.65 on Wednesday. The firm has a market capitalization of $29.53 billion, a P/E ratio of 23.74 and a beta of 1.05. Schwab US Broad Market ETF has a one year low of $18.53 and a one year high of $23.77. The company’s 50-day simple moving average is $21.95 and its 200 day simple moving average is $22.59.

Schwab US Broad Market ETF Cuts Dividend

The business also recently declared 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.

Schwab US Broad Market ETF 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.