Strategic Investment Solutions Inc. IL Increases Stock Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Strategic Investment Solutions Inc. IL increased its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 245.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,739 shares of the company’s stock after buying an additional 1,945 shares during the quarter. Strategic Investment Solutions Inc. IL’s holdings in Schwab US Broad Market ETF were worth $62,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Valeo Financial Advisors LLC raised its position in shares of Schwab US Broad Market ETF by 200.0% in the 4th quarter. Valeo Financial Advisors LLC now owns 16,468 shares of the company’s stock worth $374,000 after buying an additional 10,979 shares during the period. Versant Capital Management Inc increased its stake in Schwab US Broad Market ETF by 201.0% during the fourth quarter. Versant Capital Management Inc now owns 14,004 shares of the company’s stock worth $318,000 after acquiring an additional 9,352 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC raised its holdings in shares of Schwab US Broad Market ETF by 194.3% in the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 25,146 shares of the company’s stock worth $571,000 after purchasing an additional 16,602 shares during the period. Fulcrum Equity Management lifted its stake in shares of Schwab US Broad Market ETF by 6.3% in the 3rd quarter. Fulcrum Equity Management now owns 11,192 shares of the company’s stock valued at $744,000 after purchasing an additional 668 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new stake in shares of Schwab US Broad Market ETF during the 3rd quarter worth about $703,000.

Schwab US Broad Market ETF Stock Performance

SCHB opened at $20.25 on Friday. The company has a market cap of $29.16 billion, a PE ratio of 24.33 and a beta of 1.04. Schwab US Broad Market ETF has a 1 year low of $18.53 and a 1 year high of $23.77. The firm has a 50 day moving average price of $21.82 and a 200 day moving average price of $22.56.

Schwab US Broad Market ETF Cuts Dividend

The firm 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.