KCM Investment Advisors LLC Acquires 155,214 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

KCM Investment Advisors LLC increased its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.0% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 232,835 shares of the company’s stock after purchasing an additional 155,214 shares during the quarter. KCM Investment Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $5,285,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of SCHB. Brooklyn FI LLC raised its position in shares of Schwab US Broad Market ETF by 17,756.0% in the 4th quarter. Brooklyn FI LLC now owns 23,155,242 shares of the company’s stock valued at $576,012,000 after acquiring an additional 23,025,564 shares during the period. Rebalance LLC raised its holdings in Schwab US Broad Market ETF by 199.9% in the fourth quarter. Rebalance LLC now owns 11,471,005 shares of the company’s stock worth $260,392,000 after purchasing an additional 7,646,591 shares during the period. Hengehold Capital Management LLC boosted its position in shares of Schwab US Broad Market ETF by 192.6% during the fourth 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. Strid Group LLC grew its holdings in shares of Schwab US Broad Market ETF by 197.8% in the 4th quarter. Strid Group LLC now owns 8,530,226 shares of the company’s stock valued at $193,636,000 after buying an additional 5,666,068 shares during the period. Finally, Bouchey Financial Group Ltd increased its position in shares of Schwab US Broad Market ETF by 213.4% in the 4th quarter. Bouchey Financial Group Ltd now owns 8,165,768 shares of the company’s stock valued at $185,363,000 after buying an additional 5,560,636 shares in the last quarter.

Schwab US Broad Market ETF Trading Down 5.9 %

SCHB stock opened at $19.47 on Friday. Schwab US Broad Market ETF has a 1-year low of $19.14 and a 1-year high of $23.77. The firm has a market cap of $27.84 billion, a PE ratio of 23.74 and a beta of 1.05. The business’s 50-day moving average price is $22.53 and its two-hundred day moving average price is $22.70.

Schwab US Broad Market ETF Cuts Dividend

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

Schwab US Broad Market ETF Company 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.