Sheets Smith Wealth Management increased its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 47.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 31,485 shares of the company’s stock after acquiring an additional 10,174 shares during the quarter. Sheets Smith Wealth Management’s holdings in Schwab US Broad Market ETF were worth $1,887,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Curbstone Financial Management Corp grew its position in Schwab US Broad Market ETF by 0.7% during the 4th quarter. Curbstone Financial Management Corp now owns 64,920 shares of the company’s stock worth $4,284,000 after acquiring an additional 420 shares during the last quarter. Hollencrest Capital Management grew its position in Schwab US Broad Market ETF by 3.1% during the 4th quarter. Hollencrest Capital Management now owns 14,681 shares of the company’s stock worth $880,000 after acquiring an additional 443 shares during the last quarter. One Capital Management LLC grew its position in Schwab US Broad Market ETF by 9.7% during the 3rd quarter. One Capital Management LLC now owns 8,591 shares of the company’s stock worth $605,000 after acquiring an additional 758 shares during the last quarter. Parallel Advisors LLC grew its position in Schwab US Broad Market ETF by 31.8% during the 3rd quarter. Parallel Advisors LLC now owns 3,171 shares of the company’s stock worth $223,000 after acquiring an additional 765 shares during the last quarter. Finally, McAdam LLC grew its position in Schwab US Broad Market ETF by 88.5% during the 3rd quarter. McAdam LLC now owns 1,663 shares of the company’s stock worth $117,000 after acquiring an additional 781 shares during the last quarter.

SCHB traded down $0.20 on Friday, hitting $62.17. 46,231 shares of the company were exchanged, compared to its average volume of 1,702,816. Schwab US Broad Market ETF has a 12 month low of $56.12 and a 12 month high of $71.36.

The business also recently declared a quarterly dividend, which was paid on Thursday, January 3rd. Investors of record on Monday, December 31st were given a dividend of $0.0798 per share. The ex-dividend date of this dividend was Friday, December 28th. This represents a $0.32 annualized dividend and a yield of 0.51%.

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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.

Read More: Ex-Dividend

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Institutional Ownership by Quarter for Schwab US Broad Market ETF (NYSEARCA:SCHB)

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