Columbia Asset Management Purchases 6,462 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Columbia Asset Management increased its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 9,693 shares of the company’s stock after acquiring an additional 6,462 shares during the period. Columbia Asset Management’s holdings in Schwab US Broad Market ETF were worth $220,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Tucker Asset Management LLC raised its stake in shares of 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 acquiring an additional 765 shares during the last quarter. Promus Capital LLC bought a new position in Schwab US Broad Market ETF during the 4th quarter worth $25,000. Blume Capital Management Inc. lifted its holdings in Schwab US Broad Market ETF by 200.3% during the 4th quarter. Blume Capital Management Inc. now owns 1,111 shares of the company’s stock worth $25,000 after buying an additional 741 shares during the period. Maryland Capital Advisors Inc. lifted its holdings in Schwab US Broad Market ETF by 200.0% during the 4th quarter. Maryland Capital Advisors Inc. now owns 1,161 shares of the company’s stock worth $26,000 after buying an additional 774 shares during the period. Finally, Wiser Advisor Group LLC grew its position in shares of 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 valued at $27,000 after buying an additional 785 shares during the last quarter.

Schwab US Broad Market ETF Price Performance

Shares of SCHB opened at $21.61 on Wednesday. The business has a 50-day moving average of $22.71 and a 200-day moving average of $22.74. The company has a market capitalization of $30.90 billion, a price-to-earnings ratio of 23.74 and a beta of 1.05. 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 company also recently declared a dividend, which was paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th were issued a dividend of $0.0649 per share. The ex-dividend date 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.