Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Bought by Lokken Investment Group LLC

Lokken Investment Group LLC raised its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 197.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 133,220 shares of the company’s stock after acquiring an additional 88,486 shares during the quarter. Schwab US Broad Market ETF makes up 1.3% of Lokken Investment Group LLC’s investment portfolio, making the stock its 19th biggest holding. Lokken Investment Group LLC’s holdings in Schwab US Broad Market ETF were worth $3,024,000 as of its most recent SEC filing.

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

Schwab US Broad Market ETF Stock Up 0.4 %

SCHB opened at $21.53 on Tuesday. The firm has a market cap of $30.79 billion, a price-to-earnings ratio of 23.74 and a beta of 1.05. Schwab US Broad Market ETF has a 52 week low of $19.14 and a 52 week high of $23.77. The business’s 50 day moving average is $22.75 and its two-hundred day moving average is $22.74.

Schwab US Broad Market ETF Cuts Dividend

The firm also recently declared 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 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.