Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Acquired by World Investment Advisors

World Investment Advisors lifted its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 207.9% during the 4th quarter, HoldingsChannel.com reports. The fund owned 50,713 shares of the company’s stock after purchasing an additional 34,243 shares during the quarter. World Investment Advisors’ holdings in Schwab US Broad Market ETF were worth $1,151,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Cornerstone Planning Group LLC raised its position in Schwab US Broad Market ETF by 4.6% in the fourth quarter. Cornerstone Planning Group LLC now owns 10,600 shares of the company’s stock valued at $247,000 after purchasing an additional 462 shares during the period. Wilson & Boucher Capital Management LLC grew its stake in shares of Schwab US Broad Market ETF by 0.6% in the third quarter. Wilson & Boucher Capital Management LLC now owns 94,094 shares of the company’s stock valued at $6,259,000 after buying an additional 575 shares in the last quarter. Fulcrum Equity Management raised 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 buying an additional 668 shares during the period. Valley Wealth Managers Inc. lifted its stake in Schwab US Broad Market ETF by 45.5% during the 4th quarter. Valley Wealth Managers Inc. now owns 2,262 shares of the company’s stock worth $51,000 after acquiring an additional 707 shares in the last quarter. Finally, Blume Capital Management Inc. boosted its holdings in Schwab US Broad Market ETF by 200.3% during the 4th quarter. Blume Capital Management Inc. now owns 1,111 shares of the company’s stock valued at $25,000 after acquiring an additional 741 shares during the period.

Schwab US Broad Market ETF Price Performance

NYSEARCA SCHB opened at $19.47 on Friday. The company has a market cap of $27.84 billion, a P/E ratio of 23.74 and a beta of 1.05. The stock has a 50-day moving average of $22.53 and a two-hundred day moving average of $22.71. Schwab US Broad Market ETF has a 1-year low of $19.14 and a 1-year high of $23.77.

Schwab US Broad Market ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 26th were issued a $0.0649 dividend. 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.