Mariner LLC Purchases 2,764,246 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Mariner LLC lifted its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 224.4% during the fourth quarter, HoldingsChannel reports. The firm owned 3,996,283 shares of the company’s stock after buying an additional 2,764,246 shares during the quarter. Mariner LLC’s holdings in Schwab US Broad Market ETF were worth $90,718,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Cornerstone Planning Group LLC lifted its holdings in Schwab US Broad Market ETF by 4.6% during the fourth quarter. Cornerstone Planning Group LLC now owns 10,600 shares of the company’s stock worth $247,000 after acquiring an additional 462 shares in the last quarter. Fulcrum Equity Management lifted its holdings in shares of Schwab US Broad Market ETF by 6.3% during the 3rd quarter. Fulcrum Equity Management now owns 11,192 shares of the company’s stock valued at $744,000 after purchasing an additional 668 shares in the last quarter. Valley Wealth Managers Inc. grew its position in shares of Schwab US Broad Market ETF by 45.5% in the 4th quarter. Valley Wealth Managers Inc. now owns 2,262 shares of the company’s stock valued at $51,000 after purchasing an additional 707 shares during the period. Blume Capital Management Inc. grew its position in shares of Schwab US Broad Market ETF by 200.3% in the 4th quarter. Blume Capital Management Inc. now owns 1,111 shares of the company’s stock valued at $25,000 after purchasing an additional 741 shares during the period. Finally, Tucker Asset Management LLC increased its stake in Schwab US Broad Market ETF by 233.9% during the 4th quarter. Tucker Asset Management LLC now owns 1,092 shares of the company’s stock worth $25,000 after purchasing an additional 765 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB opened at $20.68 on Tuesday. The firm has a market cap of $29.57 billion, a P/E ratio of 23.74 and a beta of 1.05. Schwab US Broad Market ETF has a twelve month low of $18.53 and a twelve month high of $23.77. The firm’s 50 day moving average price is $22.01 and its two-hundred day moving average price is $22.60.

Schwab US Broad Market ETF Cuts Dividend

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