Clay Northam Wealth Management LLC Raises Stock Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Clay Northam Wealth Management LLC raised its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 195.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 23,446 shares of the company’s stock after buying an additional 15,514 shares during the quarter. Clay Northam Wealth Management LLC’s holdings in Schwab US Broad Market ETF were worth $532,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Versant Capital Management Inc raised its stake in shares of Schwab US Broad Market ETF by 201.0% during the fourth quarter. Versant Capital Management Inc now owns 14,004 shares of the company’s stock worth $318,000 after purchasing an additional 9,352 shares during the last quarter. Fulcrum Equity Management raised its stake in shares of Schwab US Broad Market ETF by 6.3% during the third quarter. Fulcrum Equity Management now owns 11,192 shares of the company’s stock worth $744,000 after purchasing an additional 668 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in shares of Schwab US Broad Market ETF during the third quarter worth approximately $703,000. Franklin Resources Inc. raised its stake in shares of Schwab US Broad Market ETF by 952.4% during the third quarter. Franklin Resources Inc. now owns 4,420 shares of the company’s stock worth $294,000 after purchasing an additional 4,000 shares during the last quarter. Finally, Tudor Financial Inc. purchased a new stake in shares of Schwab US Broad Market ETF during the third quarter worth approximately $996,000.

Schwab US Broad Market ETF Price Performance

Shares of SCHB stock opened at $23.20 on Tuesday. The business’s fifty day moving average price is $23.20 and its 200 day moving average price is $22.33. Schwab US Broad Market ETF has a 1-year low of $18.98 and a 1-year high of $23.73. The firm has a market capitalization of $10.67 billion, a PE ratio of 25.24 and a beta of 1.02.

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.