Schwab US Broad Market ETF (NYSEARCA:SCHB) Stock Holdings Boosted by Accredited Investors Inc.

Accredited Investors Inc. lifted its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 201.0% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 4,874,788 shares of the company’s stock after purchasing an additional 3,255,414 shares during the quarter. Schwab US Broad Market ETF accounts for about 6.5% of Accredited Investors Inc.’s holdings, making the stock its 3rd largest holding. Accredited Investors Inc.’s holdings in Schwab US Broad Market ETF were worth $110,658,000 as of its most recent filing with the Securities and Exchange Commission.

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

Schwab US Broad Market ETF Stock Up 9.3 %

Shares of NYSEARCA SCHB opened at $20.88 on Thursday. Schwab US Broad Market ETF has a 52-week low of $18.53 and a 52-week high of $23.77. The firm’s 50-day moving average price is $22.18 and its two-hundred day moving average price is $22.63. The stock has a market capitalization of $29.86 billion, a P/E ratio of 23.74 and a beta of 1.05.

Schwab US Broad Market ETF Cuts Dividend

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