Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares to Split on Friday, October 11th

Schwab US Broad Market ETF (NYSEARCA:SCHB)’s stock is scheduled to split on Friday, October 11th. The 3-1 split was announced on Wednesday, September 25th. The newly minted shares will be payable to shareholders after the closing bell on Thursday, October 10th.

Schwab US Broad Market ETF Trading Up 1.0 %

Shares of Schwab US Broad Market ETF stock opened at $66.40 on Monday. The company’s fifty day simple moving average is $64.25 and its 200-day simple moving average is $62.48. The company has a market cap of $30.52 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a 1 year low of $47.46 and a 1 year high of $66.59.

Institutional Investors Weigh In On Schwab US Broad Market ETF

A number of institutional investors have recently bought and sold shares of SCHB. Strategic Investment Solutions Inc. IL acquired a new stake in Schwab US Broad Market ETF during the second quarter worth $28,000. Bruce G. Allen Investments LLC bought a new position in shares of Schwab US Broad Market ETF during the second quarter valued at $29,000. GAMMA Investing LLC bought a new position in shares of Schwab US Broad Market ETF during the second quarter valued at $30,000. Scarborough Advisors LLC bought a new position in shares of Schwab US Broad Market ETF during the fourth quarter valued at $43,000. Finally, Palisade Asset Management LLC bought a new position in shares of Schwab US Broad Market ETF during the first quarter valued at $56,000.

About Schwab US Broad Market ETF

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.