Capital Analysts LLC Grows Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Capital Analysts LLC raised its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 172.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 19,150 shares of the company’s stock after acquiring an additional 12,124 shares during the quarter. Capital Analysts LLC’s holdings in Schwab US Broad Market ETF were worth $434,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Tucker Asset Management LLC lifted its position in shares of Schwab US Broad Market ETF by 233.9% during the 4th quarter. Tucker Asset Management LLC now owns 1,092 shares of the company’s stock worth $25,000 after purchasing an additional 765 shares during the last quarter. Promus Capital LLC acquired a new stake in Schwab US Broad Market ETF in the fourth quarter valued at $25,000. Blume Capital Management Inc. lifted 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 worth $25,000 after buying an additional 741 shares during the last quarter. Maryland Capital Advisors Inc. boosted its position in shares of Schwab US Broad Market ETF by 200.0% during the 4th quarter. Maryland Capital Advisors Inc. now owns 1,161 shares of the company’s stock worth $26,000 after acquiring an additional 774 shares in the last quarter. Finally, Wiser Advisor Group LLC increased its holdings in shares of 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 acquiring an additional 785 shares during the last quarter.

Schwab US Broad Market ETF Stock Performance

Shares of NYSEARCA SCHB opened at $21.21 on Monday. The stock’s 50-day simple moving average is $21.46 and its 200-day simple moving average is $22.50. The firm has a market capitalization of $30.54 billion, a PE ratio of 24.33 and a beta of 1.04. Schwab US Broad Market ETF has a fifty-two week low of $18.53 and a fifty-two week high of $23.77.

Schwab US Broad Market ETF Cuts Dividend

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