Howe & Rusling Inc. Purchases 57,620 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Howe & Rusling Inc. lifted its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 204.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 85,825 shares of the company’s stock after buying an additional 57,620 shares during the period. Howe & Rusling Inc.’s holdings in Schwab US Broad Market ETF were worth $1,948,000 as of its most recent filing with the SEC.

Several other large investors have also bought and sold shares of the business. FMR LLC grew its position in Schwab US Broad Market ETF by 16.7% during the 3rd quarter. FMR LLC now owns 283,117 shares of the company’s stock worth $18,833,000 after acquiring an additional 40,504 shares during the last quarter. HighTower Advisors LLC raised its holdings in Schwab US Broad Market ETF by 7.8% in the 3rd quarter. HighTower Advisors LLC now owns 2,660,625 shares of the company’s stock valued at $177,000,000 after buying an additional 191,480 shares during the last quarter. Integrated Wealth Concepts LLC boosted its position in Schwab US Broad Market ETF by 1.4% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 67,582 shares of the company’s stock worth $4,496,000 after buying an additional 952 shares during the period. IHT Wealth Management LLC grew its holdings in Schwab US Broad Market ETF by 63.1% during the 3rd quarter. IHT Wealth Management LLC now owns 69,601 shares of the company’s stock worth $4,598,000 after acquiring an additional 26,935 shares during the last quarter. Finally, EP Wealth Advisors LLC lifted its holdings in shares of Schwab US Broad Market ETF by 6.0% during the third quarter. EP Wealth Advisors LLC now owns 26,160 shares of the company’s stock worth $1,740,000 after purchasing an additional 1,482 shares during the period.

Schwab US Broad Market ETF Stock Down 1.4 %

NYSEARCA SCHB opened at $21.95 on Thursday. The stock has a fifty day simple moving average of $22.84 and a 200 day simple 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 company has a market capitalization of $31.39 billion, a price-to-earnings ratio of 23.90 and a beta of 1.05.

Schwab US Broad Market ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th will be given a dividend of $0.0649 per share. The ex-dividend date 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.