Bessemer Group Inc. Purchases 7,110 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Bessemer Group Inc. grew its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.0% during the 4th quarter, HoldingsChannel reports. The firm owned 10,665 shares of the company’s stock after purchasing an additional 7,110 shares during the quarter. Bessemer Group Inc.’s holdings in Schwab US Broad Market ETF were worth $242,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Spreng Capital Management Inc. grew its position in shares of Schwab US Broad Market ETF by 198.5% in the 4th quarter. Spreng Capital Management Inc. now owns 169,664 shares of the company’s stock valued at $3,851,000 after purchasing an additional 112,822 shares during the period. Raymond James Financial Inc. acquired a new position in shares of Schwab US Broad Market ETF in the fourth quarter valued at approximately $21,619,000. ELCO Management Co. LLC increased its position in shares of Schwab US Broad Market ETF by 334.7% during the fourth quarter. ELCO Management Co. LLC now owns 105,850 shares of the company’s stock worth $2,403,000 after acquiring an additional 81,500 shares in the last quarter. Texas Yale Capital Corp. raised its holdings in shares of Schwab US Broad Market ETF by 200.0% during the fourth quarter. Texas Yale Capital Corp. now owns 88,228 shares of the company’s stock worth $2,003,000 after acquiring an additional 58,818 shares during the period. Finally, Faithward Advisors LLC lifted its position in Schwab US Broad Market ETF by 182.7% in the 4th quarter. Faithward Advisors LLC now owns 22,506 shares of the company’s stock valued at $511,000 after acquiring an additional 14,546 shares in the last quarter.

Schwab US Broad Market ETF Trading Down 2.0 %

Shares of NYSEARCA SCHB opened at $20.23 on Thursday. The company has a fifty day moving average price of $21.89 and a 200 day moving average price of $22.57. The firm has a market cap of $29.13 billion, a PE ratio of 24.33 and a beta of 1.04. Schwab US Broad Market ETF has a 1-year low of $18.53 and a 1-year high of $23.77.

Schwab US Broad Market ETF Cuts Dividend

The company also recently disclosed 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 of this dividend 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.