NorthRock Partners LLC Buys Shares of 17,338 Schwab US Broad Market ETF (NYSEARCA:SCHB)

NorthRock Partners LLC acquired a new stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 17,338 shares of the company’s stock, valued at approximately $394,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Brooklyn FI LLC boosted its stake 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 buying an additional 23,025,564 shares during the period. Betterment LLC lifted its stake in Schwab US Broad Market ETF by 193.5% during the fourth quarter. Betterment LLC now owns 17,773,620 shares of the company’s stock worth $403,461,000 after purchasing an additional 11,718,291 shares during the last quarter. Rebalance LLC lifted its stake in Schwab US Broad Market ETF by 199.9% during 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 last quarter. SCS Capital Management LLC lifted its stake in Schwab US Broad Market ETF by 170.1% during the fourth quarter. SCS Capital Management LLC now owns 10,204,017 shares of the company’s stock worth $231,631,000 after purchasing an additional 6,426,551 shares during the last quarter. Finally, Evensky & Katz LLC lifted its stake in Schwab US Broad Market ETF by 187.7% during the fourth quarter. Evensky & Katz LLC now owns 9,325,113 shares of the company’s stock worth $211,680,000 after purchasing an additional 6,084,141 shares during the last quarter.

Schwab US Broad Market ETF Stock Up 0.7%

SCHB stock opened at $22.94 on Friday. The business has a 50 day moving average price of $21.25 and a 200 day moving average price of $22.45. The stock has a market cap of $33.03 billion, a price-to-earnings ratio of 25.46 and a beta of 1.03. Schwab US Broad Market ETF has a fifty-two week low of $18.53 and a fifty-two week high of $23.77.

Schwab US Broad Market ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 26th were paid a dividend of $0.0649 per share. 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.