Howe & Rusling Inc. Has $1.59 Million Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Howe & Rusling Inc. decreased its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 7.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 28,632 shares of the company’s stock after selling 2,189 shares during the period. Howe & Rusling Inc.’s holdings in Schwab US Broad Market ETF were worth $1,594,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of SCHB. Commonwealth Equity Services LLC grew its position in Schwab US Broad Market ETF by 2.7% in the 3rd quarter. Commonwealth Equity Services LLC now owns 194,085 shares of the company’s stock worth $9,675,000 after purchasing an additional 5,129 shares in the last quarter. SVB Wealth LLC grew its position in shares of Schwab US Broad Market ETF by 39.4% during the 3rd quarter. SVB Wealth LLC now owns 34,363 shares of the company’s stock valued at $1,713,000 after acquiring an additional 9,708 shares during the period. Pinnacle Associates Ltd. grew its position in shares of Schwab US Broad Market ETF by 1.0% during the 3rd quarter. Pinnacle Associates Ltd. now owns 34,169 shares of the company’s stock valued at $1,703,000 after acquiring an additional 322 shares during the period. Dakota Wealth Management bought a new position in shares of Schwab US Broad Market ETF during the 3rd quarter valued at approximately $288,000. Finally, Raymond James & Associates lifted its stake in shares of Schwab US Broad Market ETF by 11.0% during the 3rd quarter. Raymond James & Associates now owns 144,375 shares of the company’s stock valued at $7,197,000 after buying an additional 14,276 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

NYSEARCA SCHB opened at $58.22 on Thursday. The company’s 50 day simple moving average is $59.62 and its two-hundred day simple moving average is $55.99. The stock has a market capitalization of $26.75 billion, a PE ratio of 24.20 and a beta of 1.03. Schwab US Broad Market ETF has a 1 year low of $46.92 and a 1 year high of $61.18.

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.