AF Advisors Inc. Grows Stake in Schwab US Broad Market ETF (NYSEARCA:SCHB)

AF Advisors Inc. increased its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.1% in the fourth quarter, Holdings Channel.com reports. The fund owned 26,965 shares of the company’s stock after buying an additional 17,979 shares during the quarter. Schwab US Broad Market ETF comprises about 0.1% of AF Advisors Inc.’s portfolio, making the stock its 9th largest holding. AF Advisors Inc.’s holdings in Schwab US Broad Market ETF were worth $612,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of SCHB. Tucker Asset Management LLC increased 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 acquiring an additional 765 shares during the period. Promus Capital LLC purchased a new position in Schwab US Broad Market ETF during the 4th quarter worth $25,000. Blume Capital Management Inc. raised its position 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 valued at $25,000 after purchasing an additional 741 shares in the last quarter. Maryland Capital Advisors Inc. raised its position 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 valued at $26,000 after purchasing an additional 774 shares in the last quarter. Finally, Wiser Advisor Group LLC lifted its holdings 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 worth $27,000 after buying an additional 785 shares during the period.

Schwab US Broad Market ETF Trading Up 0.4 %

Shares of Schwab US Broad Market ETF stock opened at $21.61 on Wednesday. The stock’s fifty day moving average price is $22.71 and its 200-day moving average price is $22.74. The firm has a market cap of $30.90 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.

Schwab US Broad Market ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th were given a dividend of $0.0649 per share. The ex-dividend date of this dividend 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.