Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Acquired by American Money Management LLC

American Money Management LLC increased its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 16,950 shares of the company’s stock after buying an additional 11,300 shares during the quarter. American Money Management LLC’s holdings in Schwab US Broad Market ETF were worth $385,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in SCHB. FMR LLC increased its position in shares of 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 purchasing an additional 40,504 shares during the last quarter. HighTower Advisors LLC raised its stake in shares of 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 acquiring an additional 191,480 shares during the period. Integrated Wealth Concepts LLC lifted its holdings in shares of Schwab US Broad Market ETF by 1.4% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 67,582 shares of the company’s stock worth $4,496,000 after acquiring an additional 952 shares during the last quarter. IHT Wealth Management LLC lifted its holdings in shares of Schwab US Broad Market ETF by 63.1% in 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 boosted its position in shares of Schwab US Broad Market ETF by 6.0% during the 3rd 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 1.9 %

NYSEARCA:SCHB opened at $21.44 on Friday. Schwab US Broad Market ETF has a 52 week low of $19.14 and a 52 week high of $23.77. The stock’s fifty day moving average is $22.78 and its two-hundred day moving average is $22.73. The stock has a market capitalization of $30.66 billion, a price-to-earnings ratio of 23.74 and a beta of 1.05.

Schwab US Broad Market ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Monday, March 31st. Investors of record on Wednesday, March 26th will be issued a $0.0649 dividend. The ex-dividend date of this dividend 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.