OneAscent Wealth Management LLC Buys 9,869 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

OneAscent Wealth Management LLC grew its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 131.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 17,400 shares of the company’s stock after acquiring an additional 9,869 shares during the quarter. OneAscent Wealth Management LLC’s holdings in Schwab US Broad Market ETF were worth $395,000 at the end of the most recent quarter.

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

Schwab US Broad Market ETF Stock Down 1.9 %

SCHB opened at $21.44 on Friday. The company has a market cap of $30.66 billion, a P/E ratio of 23.74 and a beta of 1.05. The firm’s 50-day moving average price is $22.78 and its 200-day moving average price is $22.72. Schwab US Broad Market ETF has a 52-week low of $19.14 and a 52-week high of $23.77.

Schwab US Broad Market ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Monday, March 31st. Investors of record on Wednesday, March 26th will be issued a dividend of $0.0649 per share. The ex-dividend date of this dividend is 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.