Martin Worley Group Acquires New Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Martin Worley Group acquired a new stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 44,263 shares of the company’s stock, valued at approximately $1,005,000.

Other hedge funds have also added to or reduced their stakes in the company. Promus Capital LLC purchased a new stake in shares of Schwab US Broad Market ETF in the fourth quarter valued at approximately $25,000. Blume Capital Management Inc. raised its position in Schwab US Broad Market ETF by 200.3% during the 4th quarter. Blume Capital Management Inc. now owns 1,111 shares of the company’s stock valued at $25,000 after purchasing an additional 741 shares in the last quarter. Tucker Asset Management LLC increased its stake in shares of Schwab US Broad Market ETF by 233.9% during the fourth quarter. Tucker Asset Management LLC now owns 1,092 shares of the company’s stock valued at $25,000 after buying an additional 765 shares during the period. Maryland Capital Advisors Inc. raised its holdings in shares of 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 valued at $26,000 after acquiring an additional 774 shares in the last quarter. Finally, Wiser Advisor Group LLC grew its holdings in Schwab US Broad Market ETF by 200.8% during the 4th quarter. Wiser Advisor Group LLC now owns 1,176 shares of the company’s stock worth $27,000 after acquiring an additional 785 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

NYSEARCA SCHB opened at $21.76 on Thursday. The company’s 50-day simple moving average is $22.67 and its two-hundred day simple moving average is $22.73. Schwab US Broad Market ETF has a one year low of $19.14 and a one year high of $23.77. The company has a market capitalization of $31.12 billion, a price-to-earnings 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 was paid on Monday, March 31st. Investors of record on Wednesday, March 26th were given a dividend of $0.0649 per share. The ex-dividend date of this dividend was 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.