National Bank of Canada FI Has $94.19 Million Stake in Schwab US Broad Market ETF (NYSEARCA:SCHB)

National Bank of Canada FI increased its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 196.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,144,462 shares of the company’s stock after purchasing an additional 2,744,410 shares during the quarter. National Bank of Canada FI owned approximately 0.90% of Schwab US Broad Market ETF worth $94,190,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Roundview Capital LLC grew its stake in Schwab US Broad Market ETF by 212.0% in the fourth quarter. Roundview Capital LLC now owns 1,589,300 shares of the company’s stock valued at $36,077,000 after purchasing an additional 1,079,885 shares in the last quarter. Franklin Resources Inc. grew its stake in shares of Schwab US Broad Market ETF by 200.0% in the 4th quarter. Franklin Resources Inc. now owns 13,260 shares of the company’s stock valued at $301,000 after buying an additional 8,840 shares in the last quarter. Riggs Capital Management LLC acquired a new position in Schwab US Broad Market ETF in the fourth quarter worth approximately $272,000. Summit Financial LLC raised its position in Schwab US Broad Market ETF by 331.6% during the fourth quarter. Summit Financial LLC now owns 95,993 shares of the company’s stock valued at $2,179,000 after acquiring an additional 73,753 shares in the last quarter. Finally, Alliancebernstein L.P. lifted its stake in Schwab US Broad Market ETF by 98.6% in the fourth quarter. Alliancebernstein L.P. now owns 278,497 shares of the company’s stock valued at $6,322,000 after acquiring an additional 138,257 shares during the last quarter.

Schwab US Broad Market ETF Trading Up 0.4 %

SCHB stock opened at $21.61 on Wednesday. The firm has a market cap of $30.90 billion, a PE ratio of 23.74 and a beta of 1.05. 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 fifty day simple moving average of $22.71 and a 200 day simple moving average of $22.74.

Schwab US Broad Market ETF Cuts Dividend

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