Valley Forge Investment Consultants Inc. ADV Has $7.43 Million Stake in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Valley Forge Investment Consultants Inc. ADV increased its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 193.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 327,232 shares of the company’s stock after buying an additional 215,571 shares during the quarter. Schwab US Broad Market ETF comprises about 2.6% of Valley Forge Investment Consultants Inc. ADV’s portfolio, making the stock its 6th biggest position. Valley Forge Investment Consultants Inc. ADV’s holdings in Schwab US Broad Market ETF were worth $7,428,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of SCHB. Michael A. Dubis Financial Planning LLC purchased a new stake in shares of Schwab US Broad Market ETF in the fourth quarter valued at about $332,000. OneAscent Wealth Management LLC grew its holdings in shares of Schwab US Broad Market ETF by 131.0% during the 4th quarter. OneAscent Wealth Management LLC now owns 17,400 shares of the company’s stock valued at $395,000 after purchasing an additional 9,869 shares during the last quarter. Horizon Investment Services LLC boosted its position in Schwab US Broad Market ETF by 200.5% during the 4th quarter. Horizon Investment Services LLC now owns 32,384 shares of the company’s stock valued at $735,000 after buying an additional 21,606 shares during the period. Hoertkorn Richard Charles increased its position in Schwab US Broad Market ETF by 200.0% during the 4th quarter. Hoertkorn Richard Charles now owns 2,700 shares of the company’s stock valued at $61,000 after purchasing an additional 1,800 shares during the period. Finally, NBZ Investment Advisors LLC bought a new stake in shares of Schwab US Broad Market ETF during the 4th quarter valued at $7,432,000.

Schwab US Broad Market ETF Price Performance

Shares of NYSEARCA:SCHB opened at $21.44 on Friday. The company has a market capitalization of $30.66 billion, a PE ratio of 23.74 and a beta of 1.05. The business has a fifty day moving average price of $22.78 and a 200-day moving average price of $22.72. Schwab US Broad Market ETF has a 1-year low of $19.14 and a 1-year high of $23.77.

Schwab US Broad Market ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th will be paid a $0.0649 dividend. The ex-dividend date of this dividend is 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.