Frazier Financial Advisors LLC Buys 1,548 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Frazier Financial Advisors LLC boosted its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.0% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 2,322 shares of the company’s stock after acquiring an additional 1,548 shares during the quarter. Frazier Financial Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $53,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in SCHB. Promus Capital LLC bought a new stake in Schwab US Broad Market ETF during the 4th quarter valued at $25,000. Blume Capital Management Inc. lifted its holdings in Schwab US Broad Market ETF by 200.3% during the fourth quarter. Blume Capital Management Inc. now owns 1,111 shares of the company’s stock worth $25,000 after acquiring an additional 741 shares during the period. Maryland Capital Advisors Inc. raised its position in Schwab US Broad Market ETF by 200.0% in the fourth quarter. Maryland Capital Advisors Inc. now owns 1,161 shares of the company’s stock worth $26,000 after acquiring an additional 774 shares during the period. Wiser Advisor Group LLC lifted its stake in Schwab US Broad Market ETF by 200.8% in the fourth quarter. Wiser Advisor Group LLC now owns 1,176 shares of the company’s stock valued at $27,000 after purchasing an additional 785 shares during the last quarter. Finally, Beacon Capital Management LLC grew its stake in shares of Schwab US Broad Market ETF by 200.2% during the 4th quarter. Beacon Capital Management LLC now owns 1,216 shares of the company’s stock worth $28,000 after acquiring an additional 811 shares during the period.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB opened at $21.86 on Friday. The stock has a market capitalization of $31.26 billion, a price-to-earnings ratio of 23.90 and a beta of 1.05. Schwab US Broad Market ETF has a 52-week low of $19.14 and a 52-week high of $23.77. The stock’s 50-day simple moving average is $22.82 and its 200 day simple moving average is $22.72.

Schwab US Broad Market ETF Cuts Dividend

The firm also recently announced 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.

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.