Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Purchased by Cahill Wealth Management LLC

Cahill Wealth Management LLC boosted its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 201.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 55,284 shares of the company’s stock after buying an additional 36,921 shares during the period. Schwab US Broad Market ETF accounts for approximately 0.6% of Cahill Wealth Management LLC’s investment portfolio, making the stock its 23rd largest holding. Cahill Wealth Management LLC’s holdings in Schwab US Broad Market ETF were worth $1,255,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Tucker Asset Management LLC boosted its position 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 worth $25,000 after buying an additional 765 shares during the period. Promus Capital LLC bought a new stake in shares of Schwab US Broad Market ETF during the fourth quarter valued at approximately $25,000. Blume Capital Management Inc. lifted 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 worth $25,000 after purchasing an additional 741 shares in the last quarter. Maryland Capital Advisors Inc. lifted its position in shares of Schwab US Broad Market ETF by 200.0% in the 4th 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. Finally, Wiser Advisor Group LLC grew its position in Schwab US Broad Market ETF by 200.8% during the fourth 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 period.

Schwab US Broad Market ETF Price Performance

SCHB stock opened at $20.56 on Thursday. The company has a market cap of $29.40 billion, a price-to-earnings ratio of 23.74 and a beta of 1.05. Schwab US Broad Market ETF has a 12 month low of $18.53 and a 12 month high of $23.77. The company has a fifty day moving average price of $22.18 and a 200 day moving average price of $22.63.

Schwab US Broad Market ETF Cuts Dividend

The business also recently announced 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.