Madrid Wealth Management LLC Buys Shares of 36,941 Schwab US Broad Market ETF $SCHB

Madrid Wealth Management LLC purchased a new stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 36,941 shares of the company’s stock, valued at approximately $969,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Financial Life Planners acquired a new stake in Schwab US Broad Market ETF in the third quarter worth approximately $27,000. Wiser Advisor Group LLC bought a new stake in shares of Schwab US Broad Market ETF in the 3rd quarter worth $29,000. First Pacific Financial bought a new stake in shares of Schwab US Broad Market ETF in the 3rd quarter worth $51,000. LGT Financial Advisors LLC acquired a new stake in shares of Schwab US Broad Market ETF in the third quarter valued at $52,000. Finally, Beacon Financial Strategies CORP acquired a new stake in shares of Schwab US Broad Market ETF in the fourth quarter valued at $64,000.

Schwab US Broad Market ETF Price Performance

SCHB stock opened at $27.73 on Friday. Schwab US Broad Market ETF has a 12 month low of $21.43 and a 12 month high of $27.77. The firm has a market cap of $40.97 billion, a PE ratio of 25.08 and a beta of 1.02. The firm has a 50 day simple moving average of $26.21 and a 200 day simple moving average of $26.25.

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.