Financial Life Planners Buys New Shares in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Financial Life Planners bought a new position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 4,139 shares of the company’s stock, valued at approximately $94,000.

Several other hedge funds have also recently added to or reduced their stakes in SCHB. Versant Capital Management Inc increased its position in shares of Schwab US Broad Market ETF by 201.0% in the fourth quarter. Versant Capital Management Inc now owns 14,004 shares of the company’s stock worth $318,000 after acquiring an additional 9,352 shares in the last quarter. Fulcrum Equity Management boosted its stake in Schwab US Broad Market ETF by 6.3% in the 3rd 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 period. Wilmington Savings Fund Society FSB acquired a new stake in Schwab US Broad Market ETF during the 3rd quarter valued at $703,000. Franklin Resources Inc. lifted its holdings in shares of Schwab US Broad Market ETF by 952.4% in the third quarter. Franklin Resources Inc. now owns 4,420 shares of the company’s stock valued at $294,000 after purchasing an additional 4,000 shares in the last quarter. Finally, Tudor Financial Inc. purchased a new stake in shares of Schwab US Broad Market ETF in the third quarter valued at $996,000.

Schwab US Broad Market ETF Trading Down 0.6 %

Shares of SCHB stock opened at $23.36 on Monday. The company has a market capitalization of $10.74 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a 1-year low of $18.75 and a 1-year high of $23.73. The stock’s fifty day simple moving average is $23.20 and its 200-day simple moving average is $22.32.

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.