Foundation Wealth Management LLC PA Acquires Shares of 13,944 Schwab US Broad Market ETF (NYSEARCA:SCHB)

Foundation Wealth Management LLC PA bought a new position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 13,944 shares of the company’s stock, valued at approximately $317,000.

Other hedge funds also recently modified their holdings of the company. FMR LLC raised its position in shares of Schwab US Broad Market ETF by 16.7% in the 3rd quarter. FMR LLC now owns 283,117 shares of the company’s stock valued at $18,833,000 after buying an additional 40,504 shares in the last quarter. HighTower Advisors LLC increased its stake in Schwab US Broad Market ETF by 7.8% in the third quarter. HighTower Advisors LLC now owns 2,660,625 shares of the company’s stock valued at $177,000,000 after acquiring an additional 191,480 shares during the last quarter. Integrated Wealth Concepts LLC raised its position in Schwab US Broad Market ETF by 1.4% during the third quarter. Integrated Wealth Concepts LLC now owns 67,582 shares of the company’s stock valued at $4,496,000 after purchasing an additional 952 shares in the last quarter. IHT Wealth Management LLC lifted its stake in Schwab US Broad Market ETF by 63.1% during the third quarter. IHT Wealth Management LLC now owns 69,601 shares of the company’s stock worth $4,598,000 after purchasing an additional 26,935 shares during the last quarter. Finally, EP Wealth Advisors LLC boosted its holdings in shares of Schwab US Broad Market ETF by 6.0% in the 3rd quarter. EP Wealth Advisors LLC now owns 26,160 shares of the company’s stock valued at $1,740,000 after purchasing an additional 1,482 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB opened at $21.95 on Thursday. Schwab US Broad Market ETF has a 52-week low of $19.14 and a 52-week high of $23.77. The firm has a market cap of $31.39 billion, a price-to-earnings ratio of 23.90 and a beta of 1.05. The business’s fifty day moving average is $22.84 and its 200-day moving average is $22.72.

Schwab US Broad Market ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th will be given a $0.0649 dividend. The ex-dividend date is 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.