Westwood Wealth Management Buys New Position in Schwab US Broad Market ETF $SCHB

Westwood Wealth Management bought a new position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 46,656 shares of the company’s stock, valued at approximately $1,224,000.

Other hedge funds have also added to or reduced their stakes in the company. GeoWealth Management LLC boosted its holdings in shares of Schwab US Broad Market ETF by 0.4% during the 3rd quarter. GeoWealth Management LLC now owns 100,043 shares of the company’s stock worth $2,572,000 after buying an additional 388 shares in the last quarter. Occidental Asset Management LLC increased its stake in shares of Schwab US Broad Market ETF by 4.2% in the 4th quarter. Occidental Asset Management LLC now owns 9,880 shares of the company’s stock valued at $259,000 after acquiring an additional 400 shares in the last quarter. ARS Wealth Advisors Group LLC lifted its position in shares of Schwab US Broad Market ETF by 4.3% during the 3rd quarter. ARS Wealth Advisors Group LLC now owns 9,779 shares of the company’s stock valued at $251,000 after acquiring an additional 405 shares during the period. Blue Trust Inc. lifted its position in shares of Schwab US Broad Market ETF by 1.9% during the 3rd quarter. Blue Trust Inc. now owns 22,375 shares of the company’s stock valued at $575,000 after acquiring an additional 414 shares during the period. Finally, Summit Place Financial Advisors LLC boosted its stake in Schwab US Broad Market ETF by 1.1% during the third quarter. Summit Place Financial Advisors LLC now owns 40,789 shares of the company’s stock worth $1,049,000 after acquiring an additional 425 shares in the last quarter.

Schwab US Broad Market ETF Stock Down 1.7%

Shares of NYSEARCA SCHB opened at $24.93 on Friday. The firm has a market cap of $36.32 billion, a PE ratio of 25.08 and a beta of 1.02. The company’s fifty day simple moving average is $26.26 and its 200 day simple moving average is $26.10. Schwab US Broad Market ETF has a 12-month low of $18.52 and a 12-month high of $26.94.

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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.