Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Acquired by Russell Investments Group Ltd.

Russell Investments Group Ltd. lifted its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 204.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,760 shares of the company’s stock after acquiring an additional 5,887 shares during the period. Russell Investments Group Ltd.’s holdings in Schwab US Broad Market ETF were worth $199,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Promus Capital LLC purchased a new position in Schwab US Broad Market ETF during the fourth quarter valued at approximately $25,000. Blume Capital Management Inc. lifted its stake in shares of 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 lifted its stake in shares of Schwab US Broad Market ETF by 233.9% in the 4th quarter. Tucker Asset Management LLC now owns 1,092 shares of the company’s stock valued at $25,000 after purchasing an additional 765 shares during the period. Maryland Capital Advisors Inc. boosted its holdings in 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 buying an additional 774 shares in the last quarter. Finally, Wiser Advisor Group LLC grew its position in Schwab US Broad Market ETF by 200.8% during 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 during the period.

Schwab US Broad Market ETF Trading Up 0.7 %

Shares of SCHB opened at $21.21 on Friday. The firm has a market cap of $30.54 billion, a P/E ratio of 24.33 and a beta of 1.04. The stock’s 50 day moving average is $21.46 and its two-hundred day moving average is $22.50. Schwab US Broad Market ETF has a 12 month low of $18.53 and a 12 month high of $23.77.

Schwab US Broad Market ETF Cuts Dividend

The company also recently declared 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 was 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.