Foundation Wealth Management LLC PA Takes Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Foundation Wealth Management LLC PA acquired a new position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 13,944 shares of the company’s stock, valued at approximately $317,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Promus Capital LLC bought a new stake in shares of Schwab US Broad Market ETF during the fourth quarter worth about $25,000. Blume Capital Management Inc. grew its holdings 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 worth $25,000 after acquiring an additional 741 shares during the last quarter. Maryland Capital Advisors Inc. increased its position in Schwab US Broad Market ETF by 200.0% in the 4th quarter. Maryland Capital Advisors Inc. now owns 1,161 shares of the company’s stock valued at $26,000 after acquiring an additional 774 shares during the period. Wiser Advisor Group LLC raised its stake in shares of Schwab US Broad Market ETF by 200.8% during 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 during the last quarter. Finally, Jackson Grant Investment Advisers Inc. lifted its holdings 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 worth $28,000 after purchasing an additional 834 shares during the period.

Schwab US Broad Market ETF Stock Down 1.4 %

NYSEARCA SCHB opened at $21.95 on Thursday. The company has a market capitalization of $31.39 billion, a price-to-earnings ratio of 23.90 and a beta of 1.05. Schwab US Broad Market ETF has a twelve month low of $19.14 and a twelve month high of $23.77. The stock has a fifty day simple moving average of $22.84 and a 200 day simple moving average of $22.72.

Schwab US Broad Market ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th will be paid 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.