RWA Wealth Partners LLC Grows Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

RWA Wealth Partners LLC lifted its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 109,000 shares of the company’s stock after purchasing an additional 72,677 shares during the quarter. RWA Wealth Partners LLC’s holdings in Schwab US Broad Market ETF were worth $2,474,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. FMR LLC raised its position in shares of Schwab US Broad Market ETF by 16.7% in the third quarter. FMR LLC now owns 283,117 shares of the company’s stock worth $18,833,000 after acquiring an additional 40,504 shares during the period. HighTower Advisors LLC raised its holdings in Schwab US Broad Market ETF by 7.8% in the 3rd quarter. HighTower Advisors LLC now owns 2,660,625 shares of the company’s stock worth $177,000,000 after purchasing an additional 191,480 shares during the period. Integrated Wealth Concepts LLC raised its holdings in Schwab US Broad Market ETF by 1.4% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 67,582 shares of the company’s stock worth $4,496,000 after purchasing an additional 952 shares during the period. IHT Wealth Management LLC boosted its position in Schwab US Broad Market ETF by 63.1% during the third quarter. IHT Wealth Management LLC now owns 69,601 shares of the company’s stock worth $4,598,000 after purchasing an additional 26,935 shares in the last quarter. Finally, EP Wealth Advisors LLC grew its holdings in Schwab US Broad Market ETF by 6.0% in the third quarter. EP Wealth Advisors LLC now owns 26,160 shares of the company’s stock valued at $1,740,000 after purchasing an additional 1,482 shares during the period.

Schwab US Broad Market ETF Price Performance

Shares of SCHB stock opened at $21.44 on Monday. 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 market cap of $30.66 billion, a price-to-earnings ratio of 23.74 and a beta of 1.05. The stock has a 50 day simple moving average of $22.78 and a 200-day simple moving average of $22.74.

Schwab US Broad Market ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th will be given a dividend of $0.0649 per share. The ex-dividend date of this dividend is Wednesday, March 26th.

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.