Horizon Investment Services LLC Purchases 21,606 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Horizon Investment Services LLC boosted its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,384 shares of the company’s stock after acquiring an additional 21,606 shares during the period. Horizon Investment Services LLC’s holdings in Schwab US Broad Market ETF were worth $735,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. FMR LLC boosted its position in Schwab US Broad Market ETF by 16.7% during the 3rd quarter. FMR LLC now owns 283,117 shares of the company’s stock valued at $18,833,000 after acquiring an additional 40,504 shares in the last quarter. HighTower Advisors LLC boosted its position in Schwab US Broad Market ETF by 7.8% during the third quarter. HighTower Advisors LLC now owns 2,660,625 shares of the company’s stock valued at $177,000,000 after purchasing an additional 191,480 shares in the last quarter. Integrated Wealth Concepts LLC boosted its position in Schwab US Broad Market ETF by 1.4% during the third quarter. Integrated Wealth Concepts LLC now owns 67,582 shares of the company’s stock valued at $4,496,000 after purchasing an additional 952 shares in the last quarter. IHT Wealth Management LLC grew its stake in Schwab US Broad Market ETF by 63.1% in the third quarter. IHT Wealth Management LLC now owns 69,601 shares of the company’s stock valued at $4,598,000 after purchasing an additional 26,935 shares during the last quarter. Finally, EP Wealth Advisors LLC raised its holdings in Schwab US Broad Market ETF by 6.0% in the third quarter. EP Wealth Advisors LLC now owns 26,160 shares of the company’s stock worth $1,740,000 after purchasing an additional 1,482 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

NYSEARCA:SCHB opened at $21.44 on Friday. The company’s 50-day simple moving average is $22.78 and its 200-day simple moving average is $22.72. Schwab US Broad Market ETF has a fifty-two week low of $19.14 and a fifty-two week high of $23.77. The stock has a market capitalization of $30.66 billion, a P/E ratio of 23.74 and a beta of 1.05.

Schwab US Broad Market ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th will be paid a $0.0649 dividend. The ex-dividend date is 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.