Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Bought by Front Row Advisors LLC

Front Row Advisors LLC lifted its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 197.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,062 shares of the company’s stock after purchasing an additional 11,321 shares during the quarter. Front Row Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $387,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Valeo Financial Advisors LLC grew its position in shares of 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 valued at $374,000 after purchasing an additional 10,979 shares in the last quarter. Versant Capital Management Inc grew its stake in shares of Schwab US Broad Market ETF by 201.0% in 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 in the last quarter. Pinnacle Wealth Management Advisory Group LLC raised its position in 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 valued at $571,000 after purchasing an additional 16,602 shares in the last quarter. Fulcrum Equity Management grew its holdings 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 worth $744,000 after acquiring an additional 668 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new stake in Schwab US Broad Market ETF in the third quarter valued at $703,000.

Schwab US Broad Market ETF Price Performance

Shares of SCHB opened at $21.53 on Tuesday. The stock has a market cap of $30.79 billion, a PE ratio of 23.74 and a beta of 1.05. Schwab US Broad Market ETF has a 1-year low of $19.14 and a 1-year high of $23.77. The firm has a fifty day moving average price of $22.75 and a 200 day moving average price of $22.74.

Schwab US Broad Market ETF Cuts Dividend

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

Schwab US Broad Market ETF Company 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.