KCM Investment Advisors LLC Has $5.29 Million Stock Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

KCM Investment Advisors LLC increased its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. 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 owned approximately 0.05% of Schwab US Broad Market ETF worth $5,285,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in SCHB. Promus Capital LLC acquired a new position in Schwab US Broad Market ETF in the fourth quarter worth $25,000. Blume Capital Management Inc. raised its holdings in shares of Schwab US Broad Market ETF by 200.3% in the fourth quarter. Blume Capital Management Inc. now owns 1,111 shares of the company’s stock valued at $25,000 after buying an additional 741 shares during the last quarter. Tucker Asset Management LLC raised its holdings in shares of Schwab US Broad Market ETF by 233.9% in the fourth quarter. Tucker Asset Management LLC now owns 1,092 shares of the company’s stock valued at $25,000 after buying an additional 765 shares during the last quarter. Maryland Capital Advisors Inc. lifted its position in Schwab US Broad Market ETF by 200.0% during the 4th quarter. Maryland Capital Advisors Inc. now owns 1,161 shares of the company’s stock worth $26,000 after buying an additional 774 shares in the last quarter. Finally, Wiser Advisor Group LLC grew its holdings in Schwab US Broad Market ETF by 200.8% during the 4th quarter. Wiser Advisor Group LLC now owns 1,176 shares of the company’s stock worth $27,000 after acquiring an additional 785 shares during the last quarter.

Schwab US Broad Market ETF Trading Down 5.9 %

Shares of NYSEARCA SCHB 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 company has a 50-day moving average of $22.53 and a two-hundred day moving average of $22.70. The company has a market cap of $27.84 billion, a PE ratio of 23.74 and a beta of 1.05.

Schwab US Broad Market ETF Cuts Dividend

The business 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.