ARK & TLK Investments LLC Purchases 57,148 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

ARK & TLK Investments LLC lifted its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.0% in the 4th quarter, Holdings Channel.com reports. The fund owned 85,722 shares of the company’s stock after buying an additional 57,148 shares during the quarter. Schwab US Broad Market ETF comprises approximately 0.7% of ARK & TLK Investments LLC’s investment portfolio, making the stock its 24th largest position. ARK & TLK Investments LLC’s holdings in Schwab US Broad Market ETF were worth $1,946,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Brooklyn FI LLC boosted its stake in Schwab US Broad Market ETF by 17,756.0% during the 4th quarter. Brooklyn FI LLC now owns 23,155,242 shares of the company’s stock valued at $576,012,000 after purchasing an additional 23,025,564 shares during the last quarter. Rebalance LLC raised its stake in shares of Schwab US Broad Market ETF by 199.9% in the fourth quarter. Rebalance LLC now owns 11,471,005 shares of the company’s stock worth $260,392,000 after purchasing an additional 7,646,591 shares during the last quarter. Hengehold Capital Management LLC lifted its holdings in shares of Schwab US Broad Market ETF by 192.6% during the fourth quarter. Hengehold Capital Management LLC now owns 8,942,406 shares of the company’s stock valued at $202,993,000 after purchasing an additional 5,886,366 shares in the last quarter. Strid Group LLC boosted its position in shares of Schwab US Broad Market ETF by 197.8% during the fourth quarter. Strid Group LLC now owns 8,530,226 shares of the company’s stock valued at $193,636,000 after buying an additional 5,666,068 shares during the last quarter. Finally, Bouchey Financial Group Ltd increased its holdings in Schwab US Broad Market ETF by 213.4% in the 4th quarter. Bouchey Financial Group Ltd now owns 8,165,768 shares of the company’s stock worth $185,363,000 after buying an additional 5,560,636 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

Shares of NYSEARCA:SCHB opened at $21.44 on Friday. The firm has a market cap of $30.66 billion, a price-to-earnings ratio of 23.74 and a beta of 1.05. The business has a 50-day simple moving average of $22.78 and a two-hundred day simple moving average of $22.73. Schwab US Broad Market ETF has a fifty-two week low of $19.14 and a fifty-two week high of $23.77.

Schwab US Broad Market ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Monday, March 31st. Investors 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.