Rockbridge Investment Management LCC Has $8.28 Million Stock Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Rockbridge Investment Management LCC lifted its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 185.6% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 364,869 shares of the company’s stock after buying an additional 237,127 shares during the quarter. Schwab US Broad Market ETF comprises 1.1% of Rockbridge Investment Management LCC’s holdings, making the stock its 18th biggest position. Rockbridge Investment Management LCC owned 0.08% of Schwab US Broad Market ETF worth $8,283,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the business. Promus Capital LLC acquired a new position in shares of Schwab US Broad Market ETF during the 4th quarter worth $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 period. Maryland Capital Advisors Inc. boosted its holdings 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 acquiring an additional 774 shares during the last quarter. Wiser Advisor Group LLC boosted its stake 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 purchasing an additional 785 shares during the last quarter. Finally, Jackson Grant Investment Advisers Inc. grew its holdings in Schwab US Broad Market ETF by 201.0% during the 4th quarter. Jackson Grant Investment Advisers Inc. now owns 1,249 shares of the company’s stock worth $28,000 after acquiring an additional 834 shares during the period.

Schwab US Broad Market ETF Stock Down 1.4 %

NYSEARCA:SCHB opened at $21.95 on Thursday. The company has a fifty day moving average of $22.84 and a 200-day moving average of $22.72. Schwab US Broad Market ETF has a twelve month low of $19.14 and a twelve month high of $23.77. The firm has a market capitalization of $31.39 billion, a P/E ratio of 23.90 and a beta of 1.05.

Schwab US Broad Market ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th will be paid a dividend of $0.0649 per share. The ex-dividend date is 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.