WealthCollab LLC Boosts Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

WealthCollab LLC increased its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 197.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 158,082 shares of the company’s stock after buying an additional 104,872 shares during the period. Schwab US Broad Market ETF comprises 2.3% of WealthCollab LLC’s investment portfolio, making the stock its 14th largest holding. WealthCollab LLC’s holdings in Schwab US Broad Market ETF were worth $3,588,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in SCHB. Promus Capital LLC acquired a new stake in shares of Schwab US Broad Market ETF in the 4th quarter valued at $25,000. Blume Capital Management Inc. raised its stake in Schwab US Broad Market ETF by 200.3% in the fourth 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 in the last quarter. Tucker Asset Management LLC lifted its holdings in 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 buying an additional 765 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 Up 0.6 %

SCHB stock opened at $21.35 on Wednesday. The business has a 50 day moving average price of $21.36 and a 200 day moving average price of $22.49. The stock has a market cap of $30.74 billion, a price-to-earnings 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 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.