Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Purchased by IHT Wealth Management LLC

IHT Wealth Management LLC lifted its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 79.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 125,033 shares of the company’s stock after acquiring an additional 55,432 shares during the quarter. IHT Wealth Management LLC’s holdings in Schwab US Broad Market ETF were worth $2,838,000 at the end of the most recent reporting period.

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

Schwab US Broad Market ETF Price Performance

SCHB stock opened at $19.79 on Tuesday. The firm has a market cap of $28.50 billion, a PE ratio of 24.33 and a beta of 1.04. Schwab US Broad Market ETF has a 12 month low of $18.53 and a 12 month high of $23.77. The firm has a 50 day simple moving average of $21.69 and a 200 day simple moving average of $22.54.

Schwab US Broad Market ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th were issued a dividend of $0.0649 per share. 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.