Congress Wealth Management LLC DE Buys 11,375 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Congress Wealth Management LLC DE grew its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 89.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,037 shares of the company’s stock after acquiring an additional 11,375 shares during the period. Congress Wealth Management LLC DE’s holdings in Schwab US Broad Market ETF were worth $546,000 at the end of the most recent reporting period.

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

Schwab US Broad Market ETF Price Performance

NYSEARCA:SCHB opened at $21.44 on Friday. The firm has a market cap of $30.66 billion, a PE ratio of 23.74 and a beta of 1.05. The company has a 50-day moving average of $22.78 and a 200 day moving average of $22.72. Schwab US Broad Market ETF has a 1-year low of $19.14 and a 1-year high of $23.77.

Schwab US Broad Market ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th will be paid a dividend of $0.0649 per share. The ex-dividend date is 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.