Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Bought by Betterment LLC

Betterment LLC raised its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 193.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,773,620 shares of the company’s stock after purchasing an additional 11,718,291 shares during the quarter. Schwab US Broad Market ETF comprises 1.0% of Betterment LLC’s holdings, making the stock its 22nd biggest position. Betterment LLC owned approximately 3.87% of Schwab US Broad Market ETF worth $403,461,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Promus Capital LLC acquired a new stake in Schwab US Broad Market ETF during the 4th quarter worth about $25,000. Blume Capital Management Inc. raised its stake in shares of Schwab US Broad Market ETF by 200.3% in the fourth quarter. Blume Capital Management Inc. now owns 1,111 shares of the company’s stock worth $25,000 after purchasing an additional 741 shares during the last quarter. Tucker Asset Management LLC lifted its holdings in shares of Schwab US Broad Market ETF by 233.9% during the fourth quarter. Tucker Asset Management LLC now owns 1,092 shares of the company’s stock worth $25,000 after purchasing an additional 765 shares during the period. Maryland Capital Advisors Inc. increased its holdings in Schwab US Broad Market ETF by 200.0% in the 4th quarter. Maryland Capital Advisors Inc. now owns 1,161 shares of the company’s stock worth $26,000 after buying an additional 774 shares during the period. Finally, Wiser Advisor Group LLC lifted its stake in Schwab US Broad Market ETF by 200.8% during the 4th quarter. Wiser Advisor Group LLC now owns 1,176 shares of the company’s stock valued at $27,000 after acquiring an additional 785 shares during the period.

Schwab US Broad Market ETF Price Performance

NYSEARCA SCHB opened at $21.21 on Friday. Schwab US Broad Market ETF has a 1 year low of $18.53 and a 1 year high of $23.77. The company has a market capitalization of $30.54 billion, a PE ratio of 24.33 and a beta of 1.04. The company has a fifty day moving average of $21.46 and a 200 day moving average of $22.50.

Schwab US Broad Market ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, March 31st. Shareholders 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 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.