waypoint wealth counsel Has $2.26 Million Stock Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

waypoint wealth counsel increased its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 199.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 99,442 shares of the company’s stock after purchasing an additional 66,200 shares during the quarter. Schwab US Broad Market ETF makes up approximately 1.5% of waypoint wealth counsel’s holdings, making the stock its 16th biggest holding. waypoint wealth counsel’s holdings in Schwab US Broad Market ETF were worth $2,257,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Renaissance Technologies LLC acquired a new position in Schwab US Broad Market ETF in the second quarter worth $704,000. Bank of Montreal Can grew its holdings in Schwab US Broad Market ETF by 60.0% during the 2nd quarter. Bank of Montreal Can now owns 11,266 shares of the company’s stock worth $715,000 after acquiring an additional 4,223 shares during the last quarter. Marshall Wace LLP acquired a new stake in Schwab US Broad Market ETF in the 2nd quarter valued at about $241,000. AQR Capital Management LLC raised its stake in shares of Schwab US Broad Market ETF by 1.2% in the second quarter. AQR Capital Management LLC now owns 85,709 shares of the company’s stock worth $5,389,000 after acquiring an additional 1,026 shares during the last quarter. Finally, Creative Planning lifted its position in shares of Schwab US Broad Market ETF by 2.1% during the second quarter. Creative Planning now owns 679,950 shares of the company’s stock worth $42,748,000 after purchasing an additional 13,731 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

Shares of Schwab US Broad Market ETF stock opened at $23.60 on Monday. The firm has a 50 day simple moving average of $23.16 and a 200 day simple moving average of $22.27. Schwab US Broad Market ETF has a fifty-two week low of $18.75 and a fifty-two week high of $23.73. The firm has a market cap of $10.85 billion, a P/E 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.