Disciplined Investors L.L.C. Invests $7.60 Million in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Disciplined Investors L.L.C. purchased a new stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 337,105 shares of the company’s stock, valued at approximately $7,598,000. Schwab US Broad Market ETF comprises 7.3% of Disciplined Investors L.L.C.’s holdings, making the stock its largest position. Disciplined Investors L.L.C. owned approximately 0.07% of Schwab US Broad Market ETF as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Promus Capital LLC acquired a new stake in shares of Schwab US Broad Market ETF during the fourth quarter worth $25,000. Blume Capital Management Inc. boosted its holdings in Schwab US Broad Market ETF by 200.3% in the 4th quarter. Blume Capital Management Inc. now owns 1,111 shares of the company’s stock valued at $25,000 after purchasing an additional 741 shares during the period. Tucker Asset Management LLC grew its position in shares of 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 purchasing an additional 765 shares in the last quarter. Maryland Capital Advisors Inc. increased its holdings in shares of Schwab US Broad Market ETF by 200.0% during the fourth quarter. Maryland Capital Advisors Inc. now owns 1,161 shares of the company’s stock worth $26,000 after purchasing an additional 774 shares during the period. Finally, Wiser Advisor Group LLC raised its position in shares of Schwab US Broad Market ETF by 200.8% in the fourth quarter. Wiser Advisor Group LLC now owns 1,176 shares of the company’s stock valued at $27,000 after buying an additional 785 shares in the last quarter.

Schwab US Broad Market ETF Trading Up 0.7 %

Shares of SCHB stock opened at $21.76 on Thursday. The stock has a market cap of $31.12 billion, a P/E 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 stock has a 50 day simple moving average of $22.67 and a 200 day simple moving average of $22.73.

Schwab US Broad Market ETF Cuts Dividend

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