Financial Life Planners bought a new stake in Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) during the fourth quarter, Holdings Channel reports. The institutional investor bought 4,139 shares of the company’s stock, valued at approximately $94,000.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Muirfield Wealth Advisors LLC increased its position in Schwab US Broad Market ETF by 201.2% during the fourth quarter. Muirfield Wealth Advisors LLC now owns 41,450 shares of the company’s stock worth $941,000 after buying an additional 27,690 shares during the last quarter. Leading Edge Financial Planning LLC boosted its stake in shares of Schwab US Broad Market ETF by 212.1% during the 4th quarter. Leading Edge Financial Planning LLC now owns 1,237,328 shares of the company’s stock worth $28,087,000 after acquiring an additional 840,893 shares in the last quarter. Arcadia Investment Advisors LLC increased its holdings in shares of Schwab US Broad Market ETF by 194.3% during the 4th quarter. Arcadia Investment Advisors LLC now owns 289,872 shares of the company’s stock valued at $6,580,000 after acquiring an additional 191,361 shares during the last quarter. Lederer & Associates Investment Counsel CA raised its stake in shares of Schwab US Broad Market ETF by 200.0% in the 4th quarter. Lederer & Associates Investment Counsel CA now owns 18,999 shares of the company’s stock valued at $431,000 after acquiring an additional 12,666 shares in the last quarter. Finally, Panoramic Investment Advisors LLC raised its stake in shares of Schwab US Broad Market ETF by 219.4% in the 4th quarter. Panoramic Investment Advisors LLC now owns 86,873 shares of the company’s stock valued at $1,972,000 after acquiring an additional 59,678 shares in the last quarter.
Schwab US Broad Market ETF Stock Down 0.6 %
Shares of Schwab US Broad Market ETF stock opened at $23.36 on Monday. Schwab US Broad Market ETF has a 12-month low of $18.75 and a 12-month high of $23.73. The stock has a 50 day moving average price of $23.20 and a two-hundred day moving average price of $22.32. The stock has a market capitalization of $10.74 billion, a P/E ratio of 25.24 and a beta of 1.02.
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.
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