Michael A. Dubis Financial Planning LLC Invests $332,000 in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Michael A. Dubis Financial Planning LLC acquired a new position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 14,625 shares of the company’s stock, valued at approximately $332,000.

A number of other institutional investors and hedge funds have also modified their holdings of SCHB. Promus Capital LLC bought a new stake in shares of Schwab US Broad Market ETF in the fourth quarter worth $25,000. Blume Capital Management Inc. grew its stake in 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 valued at $25,000 after buying an additional 741 shares during the last quarter. Maryland Capital Advisors Inc. increased its stake in shares of Schwab US Broad Market ETF by 200.0% during 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 period. Wiser Advisor Group LLC boosted its position in shares of 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 acquiring an additional 785 shares during the period. Finally, Beacon Capital Management LLC increased its holdings in shares of Schwab US Broad Market ETF by 200.2% during the fourth quarter. Beacon Capital Management LLC now owns 1,216 shares of the company’s stock worth $28,000 after purchasing an additional 811 shares during the period.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB opened at $21.44 on Friday. The firm has a market cap of $30.66 billion, a price-to-earnings ratio of 23.74 and a beta of 1.05. Schwab US Broad Market ETF has a 52-week low of $19.14 and a 52-week high of $23.77. The business’s fifty day moving average is $22.78 and its 200-day moving average is $22.72.

Schwab US Broad Market ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Monday, March 31st. Investors of record on Wednesday, March 26th will be issued a $0.0649 dividend. 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.