Schwab US Broad Market ETF (NYSEARCA:SCHB) is AF Advisors Inc.’s 9th Largest Position

AF Advisors Inc. raised its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.1% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 26,965 shares of the company’s stock after purchasing an additional 17,979 shares during the period. Schwab US Broad Market ETF accounts for approximately 0.1% of AF Advisors Inc.’s holdings, making the stock its 9th biggest position. AF Advisors Inc.’s holdings in Schwab US Broad Market ETF were worth $612,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Valeo Financial Advisors LLC grew its holdings 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 increased its holdings 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 buying an additional 9,352 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC raised its position in shares of 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 valued at $571,000 after buying an additional 16,602 shares in the last quarter. Fulcrum Equity Management lifted its holdings in shares of Schwab US Broad Market ETF by 6.3% in the 3rd quarter. Fulcrum Equity Management now owns 11,192 shares of the company’s stock valued at $744,000 after acquiring an additional 668 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new position in Schwab US Broad Market ETF in the third quarter worth about $703,000.

Schwab US Broad Market ETF Price Performance

Shares of NYSEARCA SCHB opened at $21.61 on Wednesday. The stock has a market capitalization of $30.90 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 business’s 50 day moving average is $22.71 and its two-hundred day moving average is $22.74.

Schwab US Broad Market ETF Cuts Dividend

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