Physician Wealth Advisors Inc. Has $401,000 Stock Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Physician Wealth Advisors Inc. cut its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 20.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,682 shares of the company’s stock after selling 4,530 shares during the period. Physician Wealth Advisors Inc.’s holdings in Schwab US Broad Market ETF were worth $401,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. CIBC Private Wealth Group LLC boosted its holdings in Schwab US Broad Market ETF by 181.1% in the fourth quarter. CIBC Private Wealth Group LLC now owns 119,609 shares of the company’s stock worth $2,733,000 after acquiring an additional 77,060 shares in the last quarter. ARK & TLK Investments LLC raised its position in shares of Schwab US Broad Market ETF by 200.0% during the fourth quarter. ARK & TLK Investments LLC now owns 85,722 shares of the company’s stock worth $1,946,000 after purchasing an additional 57,148 shares during the period. Life Planning Partners Inc bought a new position in shares of Schwab US Broad Market ETF in the 4th quarter worth $263,000. RWA Wealth Partners LLC grew its position in Schwab US Broad Market ETF by 200.1% in the 4th quarter. RWA Wealth Partners LLC now owns 109,000 shares of the company’s stock valued at $2,474,000 after purchasing an additional 72,677 shares during the period. Finally, American Money Management LLC increased its stake in Schwab US Broad Market ETF by 200.0% during the 4th quarter. American Money Management LLC now owns 16,950 shares of the company’s stock valued at $385,000 after purchasing an additional 11,300 shares in the last quarter.

Schwab US Broad Market ETF Trading Down 1.9 %

Schwab US Broad Market ETF stock opened at $21.44 on Friday. The firm has a market capitalization of $30.66 billion, a price-to-earnings ratio of 23.74 and a beta of 1.05. The firm’s fifty day moving average price is $22.78 and its two-hundred day moving average price is $22.73. 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. Investors of record on Wednesday, March 26th will be given 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.