Oarsman Capital Inc. Purchases 25,026 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Oarsman Capital Inc. grew its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 209.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 36,985 shares of the company’s stock after buying an additional 25,026 shares during the period. Oarsman Capital Inc.’s holdings in Schwab US Broad Market ETF were worth $840,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Tucker Asset Management LLC grew its holdings in 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 worth $25,000 after purchasing an additional 765 shares during the period. Promus Capital LLC bought a new stake in shares of Schwab US Broad Market ETF in the 4th quarter worth approximately $25,000. Blume Capital Management Inc. grew its stake in shares of Schwab US Broad Market ETF by 200.3% in the 4th quarter. Blume Capital Management Inc. now owns 1,111 shares of the company’s stock worth $25,000 after buying an additional 741 shares during the last quarter. Maryland Capital Advisors Inc. increased 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 valued at $26,000 after buying an additional 774 shares in the last quarter. Finally, Wiser Advisor Group LLC raised its stake in 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 buying an additional 785 shares during the last quarter.

Schwab US Broad Market ETF Trading Down 5.9 %

NYSEARCA SCHB opened at $19.47 on Friday. Schwab US Broad Market ETF has a 12 month low of $19.14 and a 12 month high of $23.77. The stock’s fifty day moving average price is $22.53 and its 200-day moving average price is $22.70. The stock has a market cap of $27.84 billion, a P/E ratio of 23.74 and a beta of 1.05.

Schwab US Broad Market ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 26th were given 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.