SVB Wealth LLC Acquires Shares of 100,038 Schwab US Broad Market ETF (NYSEARCA:SCHB)

SVB Wealth LLC bought a new stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 100,038 shares of the company’s stock, valued at approximately $2,271,000.

Several other institutional investors and hedge funds have also modified their holdings of SCHB. Hengehold Capital Management LLC boosted its position in Schwab US Broad Market ETF by 192.6% during the fourth quarter. Hengehold Capital Management LLC now owns 8,942,406 shares of the company’s stock valued at $202,993,000 after purchasing an additional 5,886,366 shares during the last quarter. Strid Group LLC raised its stake in shares of Schwab US Broad Market ETF by 197.8% during the 4th quarter. Strid Group LLC now owns 8,530,226 shares of the company’s stock worth $193,636,000 after purchasing an additional 5,666,068 shares in the last quarter. Bouchey Financial Group Ltd lifted its holdings in shares of Schwab US Broad Market ETF by 213.4% during the 4th quarter. Bouchey Financial Group Ltd now owns 8,165,768 shares of the company’s stock valued at $185,363,000 after buying an additional 5,560,636 shares during the last quarter. Strategic Financial Concepts LLC grew its stake in shares of Schwab US Broad Market ETF by 6,492.3% in the 4th quarter. Strategic Financial Concepts LLC now owns 4,959,692 shares of the company’s stock valued at $112,585,000 after buying an additional 4,884,457 shares in the last quarter. Finally, Empower Advisory Group LLC grew its stake in shares of Schwab US Broad Market ETF by 2,357.8% in the 4th quarter. Empower Advisory Group LLC now owns 4,892,270 shares of the company’s stock valued at $111,055,000 after buying an additional 4,693,222 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB opened at $22.92 on Friday. The firm has a market cap of $32.78 billion, a PE ratio of 25.96 and a beta of 1.04. The firm’s 50 day moving average price is $23.19 and its 200 day moving average price is $22.67. Schwab US Broad Market ETF has a twelve month low of $19.14 and a twelve month high of $23.77.

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.