Cahill Wealth Management LLC Grows Stock Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Cahill Wealth Management LLC grew its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 201.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 55,284 shares of the company’s stock after buying an additional 36,921 shares during the period. Schwab US Broad Market ETF accounts for 0.6% of Cahill Wealth Management LLC’s portfolio, making the stock its 23rd biggest holding. Cahill Wealth Management LLC’s holdings in Schwab US Broad Market ETF were worth $1,255,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SCHB. Promus Capital LLC purchased a new stake in shares of Schwab US Broad Market ETF during the fourth quarter worth about $25,000. Blume Capital Management Inc. raised its holdings in shares of Schwab US Broad Market ETF by 200.3% in the fourth quarter. Blume Capital Management Inc. now owns 1,111 shares of the company’s stock worth $25,000 after buying an additional 741 shares during the period. Tucker Asset Management LLC increased its holdings in Schwab US Broad Market ETF by 233.9% during the 4th quarter. Tucker Asset Management LLC now owns 1,092 shares of the company’s stock worth $25,000 after purchasing an additional 765 shares during the period. Maryland Capital Advisors Inc. boosted its position in shares of Schwab US Broad Market ETF by 200.0% in the 4th quarter. Maryland Capital Advisors Inc. now owns 1,161 shares of the company’s stock worth $26,000 after purchasing an additional 774 shares in the last quarter. Finally, Wiser Advisor Group LLC lifted its position 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 during the period.

Schwab US Broad Market ETF Stock Down 1.5 %

Shares of Schwab US Broad Market ETF stock opened at $20.56 on Thursday. Schwab US Broad Market ETF has a twelve month low of $18.53 and a twelve month high of $23.77. The business has a 50-day moving average price of $22.18 and a 200 day moving average price of $22.63. The firm has a market cap of $29.40 billion, a PE ratio of 23.74 and a beta of 1.05.

Schwab US Broad Market ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th were paid a dividend of $0.0649 per share. The ex-dividend date was 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.