TruWealth Advisors LLC Increases Stock Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

TruWealth Advisors LLC raised its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 204.7% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 454,278 shares of the company’s stock after buying an additional 305,182 shares during the period. TruWealth Advisors LLC owned about 0.10% of Schwab US Broad Market ETF worth $10,312,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. HB Wealth Management LLC raised its stake in shares of Schwab US Broad Market ETF by 192.5% during the 4th quarter. HB Wealth Management LLC now owns 6,505,668 shares of the company’s stock worth $147,681,000 after buying an additional 4,281,591 shares during the period. Rebalance LLC raised its position in Schwab US Broad Market ETF by 4.6% during the third quarter. Rebalance LLC now owns 3,824,414 shares of the company’s stock worth $254,400,000 after acquiring an additional 167,787 shares during the period. Hengehold Capital Management LLC lifted its holdings in Schwab US Broad Market ETF by 1.3% during the third quarter. Hengehold Capital Management LLC now owns 3,056,040 shares of the company’s stock valued at $203,288,000 after purchasing an additional 38,823 shares in the last quarter. Strid Group LLC lifted its holdings in Schwab US Broad Market ETF by 4.0% during the third quarter. Strid Group LLC now owns 2,864,158 shares of the company’s stock valued at $190,524,000 after purchasing an additional 111,281 shares in the last quarter. Finally, Cliftonlarsonallen Wealth Advisors LLC grew its position in shares of Schwab US Broad Market ETF by 195.7% in the fourth quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 2,752,318 shares of the company’s stock valued at $62,478,000 after purchasing an additional 1,821,631 shares during the period.

Schwab US Broad Market ETF Stock Up 1.0 %

SCHB opened at $23.21 on Friday. The company has a market cap of $10.67 billion, a PE ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a twelve month low of $18.34 and a twelve month high of $23.73. The company has a 50-day moving average price of $23.12 and a 200 day moving average price of $22.18.

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.