Tradition Wealth Management LLC Has $18.19 Million Stock Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Tradition Wealth Management LLC grew its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 801,083 shares of the company’s stock after purchasing an additional 534,194 shares during the period. Schwab US Broad Market ETF comprises about 1.6% of Tradition Wealth Management LLC’s holdings, making the stock its 15th biggest holding. Tradition Wealth Management LLC owned 0.17% of Schwab US Broad Market ETF worth $18,185,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of SCHB. Brooklyn FI LLC lifted its stake in Schwab US Broad Market ETF by 17,756.0% during the fourth quarter. Brooklyn FI LLC now owns 23,155,242 shares of the company’s stock valued at $576,012,000 after buying an additional 23,025,564 shares in the last quarter. Rebalance LLC lifted its position in shares of Schwab US Broad Market ETF by 199.9% in the 4th quarter. Rebalance LLC now owns 11,471,005 shares of the company’s stock valued at $260,392,000 after acquiring an additional 7,646,591 shares in the last quarter. Hengehold Capital Management LLC lifted its position in shares of Schwab US Broad Market ETF by 192.6% in the 4th quarter. Hengehold Capital Management LLC now owns 8,942,406 shares of the company’s stock valued at $202,993,000 after acquiring an additional 5,886,366 shares in the last quarter. Strid Group LLC boosted its stake in Schwab US Broad Market ETF by 197.8% in the 4th quarter. Strid Group LLC now owns 8,530,226 shares of the company’s stock worth $193,636,000 after purchasing an additional 5,666,068 shares during the period. Finally, Bouchey Financial Group Ltd grew its position in Schwab US Broad Market ETF by 213.4% during the 4th quarter. Bouchey Financial Group Ltd now owns 8,165,768 shares of the company’s stock worth $185,363,000 after purchasing an additional 5,560,636 shares in the last quarter.

Schwab US Broad Market ETF Stock Up 0.1 %

Shares of NYSEARCA:SCHB opened at $20.25 on Friday. The company’s fifty day moving average is $21.76 and its two-hundred day moving average is $22.55. The company has a market cap of $29.16 billion, a P/E ratio of 24.33 and a beta of 1.04. Schwab US Broad Market ETF has a 12-month low of $18.53 and a 12-month high of $23.77.

Schwab US Broad Market ETF Cuts Dividend

The firm also recently declared 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 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.