14,625 Shares in Schwab US Broad Market ETF (NYSEARCA:SCHB) Purchased by Michael A. Dubis Financial Planning LLC

Michael A. Dubis Financial Planning LLC purchased a new stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 14,625 shares of the company’s stock, valued at approximately $332,000.

A number of other institutional investors have also added to or reduced their stakes in SCHB. Cornerstone Planning Group LLC boosted its holdings in shares of Schwab US Broad Market ETF by 4.6% in the 4th quarter. Cornerstone Planning Group LLC now owns 10,600 shares of the company’s stock worth $247,000 after purchasing an additional 462 shares in the last quarter. Wilson & Boucher Capital Management LLC raised its holdings in shares of Schwab US Broad Market ETF by 0.6% during the third quarter. Wilson & Boucher Capital Management LLC now owns 94,094 shares of the company’s stock valued at $6,259,000 after acquiring an additional 575 shares in the last quarter. Fulcrum Equity Management lifted its position in shares of Schwab US Broad Market ETF by 6.3% in the 3rd quarter. Fulcrum Equity Management now owns 11,192 shares of the company’s stock worth $744,000 after purchasing an additional 668 shares during the period. Valley Wealth Managers Inc. grew its holdings in shares of Schwab US Broad Market ETF by 45.5% during the 4th quarter. Valley Wealth Managers Inc. now owns 2,262 shares of the company’s stock worth $51,000 after acquiring an additional 707 shares during the period. Finally, Blume Capital Management Inc. grew its position in shares of 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 buying an additional 741 shares during the period.

Schwab US Broad Market ETF Trading Down 1.9 %

Schwab US Broad Market ETF stock opened at $21.44 on Friday. The business’s fifty day simple moving average is $22.78 and its two-hundred day simple moving average is $22.72. The company has a market capitalization 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 12 month low of $19.14 and a 12 month high of $23.77.

Schwab US Broad Market ETF Cuts Dividend

The company also recently disclosed 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 of this dividend is 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.