Lido Advisors LLC Has $18.02 Million Stake in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Lido Advisors LLC grew its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 408.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 793,869 shares of the company’s stock after purchasing an additional 637,818 shares during the period. Lido Advisors LLC owned about 0.17% of Schwab US Broad Market ETF worth $18,021,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Brooklyn FI LLC raised its holdings in shares of Schwab US Broad Market ETF by 17,756.0% during the 4th quarter. Brooklyn FI LLC now owns 23,155,242 shares of the company’s stock worth $576,012,000 after buying an additional 23,025,564 shares in the last quarter. Betterment LLC lifted its holdings in shares of Schwab US Broad Market ETF by 193.5% in the fourth quarter. Betterment LLC now owns 17,773,620 shares of the company’s stock worth $403,461,000 after acquiring an additional 11,718,291 shares during the last quarter. Rebalance LLC boosted its stake in shares of Schwab US Broad Market ETF by 199.9% in the 4th quarter. Rebalance LLC now owns 11,471,005 shares of the company’s stock valued at $260,392,000 after purchasing an additional 7,646,591 shares in the last quarter. SCS Capital Management LLC grew its holdings in shares of Schwab US Broad Market ETF by 170.1% during the 4th quarter. SCS Capital Management LLC now owns 10,204,017 shares of the company’s stock valued at $231,631,000 after purchasing an additional 6,426,551 shares during the last quarter. Finally, Hengehold Capital Management LLC increased its position in Schwab US Broad Market ETF by 192.6% during the 4th quarter. Hengehold Capital Management LLC now owns 8,942,406 shares of the company’s stock worth $202,993,000 after purchasing an additional 5,886,366 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

Shares of NYSEARCA:SCHB opened at $21.23 on Tuesday. Schwab US Broad Market ETF has a one year low of $18.53 and a one year high of $23.77. The company has a market cap of $30.57 billion, a price-to-earnings ratio of 24.33 and a beta of 1.04. The firm has a 50 day simple moving average of $21.41 and a 200 day simple moving average of $22.49.

Schwab US Broad Market ETF Cuts Dividend

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