Main Street Financial Solutions LLC Purchases 216,405 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Main Street Financial Solutions LLC boosted its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 193.7% during the 4th quarter, HoldingsChannel.com reports. The firm owned 328,102 shares of the company’s stock after purchasing an additional 216,405 shares during the period. Main Street Financial Solutions LLC’s holdings in Schwab US Broad Market ETF were worth $7,448,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Promus Capital LLC bought a new stake in Schwab US Broad Market ETF in the 4th quarter worth about $25,000. Blume Capital Management Inc. raised its holdings in shares of Schwab US Broad Market ETF by 200.3% during the fourth 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 during the last quarter. Tucker Asset Management LLC lifted its position in 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 purchasing an additional 765 shares during the period. Maryland Capital Advisors Inc. boosted its holdings in 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 worth $26,000 after purchasing an additional 774 shares during the last quarter. Finally, Wiser Advisor Group LLC grew its position in Schwab US Broad Market ETF by 200.8% in the 4th quarter. Wiser Advisor Group LLC now owns 1,176 shares of the company’s stock worth $27,000 after purchasing an additional 785 shares during the period.

Schwab US Broad Market ETF Trading Down 0.1 %

Shares of SCHB opened at $20.65 on Wednesday. The firm has a market cap of $29.53 billion, a PE ratio of 23.74 and a beta of 1.05. Schwab US Broad Market ETF has a 1-year low of $18.53 and a 1-year high of $23.77. The firm has a fifty day simple moving average of $21.95 and a two-hundred day simple moving average of $22.59.

Schwab US Broad Market ETF Cuts Dividend

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