Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Bought by Orion Portfolio Solutions LLC

Orion Portfolio Solutions LLC lifted its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 230.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 81,431 shares of the company’s stock after buying an additional 56,771 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in Schwab US Broad Market ETF were worth $1,848,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in SCHB. Promus Capital LLC purchased a new position in shares of Schwab US Broad Market ETF during the 4th quarter worth approximately $25,000. Blume Capital Management Inc. increased its position in Schwab US Broad Market ETF by 200.3% during the fourth quarter. Blume Capital Management Inc. now owns 1,111 shares of the company’s stock worth $25,000 after buying an additional 741 shares in the last quarter. Maryland Capital Advisors Inc. raised its holdings in shares of Schwab US Broad Market ETF by 200.0% in the fourth quarter. Maryland Capital Advisors Inc. now owns 1,161 shares of the company’s stock worth $26,000 after acquiring an additional 774 shares during the last quarter. Wiser Advisor Group LLC lifted 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 in the last quarter. Finally, Jackson Grant Investment Advisers Inc. boosted its stake in shares of Schwab US Broad Market ETF by 201.0% during the fourth quarter. Jackson Grant Investment Advisers Inc. now owns 1,249 shares of the company’s stock valued at $28,000 after acquiring an additional 834 shares during the last quarter.

Schwab US Broad Market ETF Price Performance

Schwab US Broad Market ETF stock opened at $21.76 on Thursday. The stock has a market capitalization of $31.12 billion, a P/E ratio of 23.74 and a beta of 1.05. Schwab US Broad Market ETF has a 12-month low of $19.14 and a 12-month high of $23.77. The firm’s 50-day moving average is $22.67 and its two-hundred day moving average is $22.73.

Schwab US Broad Market ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th were paid 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.