Mitchell Sinkler & Starr PA Acquires 231,600 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Mitchell Sinkler & Starr PA raised its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 202.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 346,175 shares of the company’s stock after acquiring an additional 231,600 shares during the period. Schwab US Broad Market ETF comprises 2.1% of Mitchell Sinkler & Starr PA’s holdings, making the stock its 16th biggest holding. Mitchell Sinkler & Starr PA’s holdings in Schwab US Broad Market ETF were worth $7,858,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Valley Forge Investment Consultants Inc. ADV lifted its stake in shares of Schwab US Broad Market ETF by 193.1% in the 4th quarter. Valley Forge Investment Consultants Inc. ADV now owns 327,232 shares of the company’s stock valued at $7,428,000 after acquiring an additional 215,571 shares during the last quarter. Michael A. Dubis Financial Planning LLC acquired a new stake in shares of Schwab US Broad Market ETF during the fourth quarter valued at about $332,000. OneAscent Wealth Management LLC grew its holdings in shares of Schwab US Broad Market ETF by 131.0% during the fourth quarter. OneAscent Wealth Management LLC now owns 17,400 shares of the company’s stock worth $395,000 after purchasing an additional 9,869 shares during the last quarter. Horizon Investment Services LLC increased its stake in shares of Schwab US Broad Market ETF by 200.5% in the fourth quarter. Horizon Investment Services LLC now owns 32,384 shares of the company’s stock valued at $735,000 after buying an additional 21,606 shares during the period. Finally, Hoertkorn Richard Charles raised its holdings in Schwab US Broad Market ETF by 200.0% in the 4th quarter. Hoertkorn Richard Charles now owns 2,700 shares of the company’s stock valued at $61,000 after buying an additional 1,800 shares during the last quarter.

Schwab US Broad Market ETF Stock Performance

SCHB stock opened at $21.44 on Friday. The company has a market capitalization of $30.66 billion, a P/E ratio of 23.74 and a beta of 1.05. The company has a fifty day moving average price of $22.78 and a 200-day moving average price of $22.72. Schwab US Broad Market ETF has a 52-week low of $19.14 and a 52-week 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. Stockholders of record on Wednesday, March 26th will be given a dividend of $0.0649 per share. 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.