FORVIS Wealth Advisors LLC Grows Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

FORVIS Wealth Advisors LLC boosted its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 5.6% in the first quarter, Holdings Channel reports. The firm owned 1,709,132 shares of the company’s stock after purchasing an additional 91,079 shares during the period. Schwab US Broad Market ETF accounts for 2.7% of FORVIS Wealth Advisors LLC’s investment portfolio, making the stock its 4th biggest holding. FORVIS Wealth Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $104,343,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of SCHB. FMR LLC increased its stake in Schwab US Broad Market ETF by 16.7% during the 3rd quarter. FMR LLC now owns 144,190 shares of the company’s stock worth $7,188,000 after purchasing an additional 20,638 shares in the last quarter. Natixis Advisors L.P. bought a new stake in shares of Schwab US Broad Market ETF during the third quarter worth $666,000. Trexquant Investment LP raised its holdings in shares of Schwab US Broad Market ETF by 18.7% during the third quarter. Trexquant Investment LP now owns 12,420 shares of the company’s stock worth $619,000 after acquiring an additional 1,957 shares during the period. Tower Research Capital LLC TRC raised its holdings in shares of Schwab US Broad Market ETF by 829.6% during the third quarter. Tower Research Capital LLC TRC now owns 10,607 shares of the company’s stock worth $529,000 after acquiring an additional 9,466 shares during the period. Finally, LaSalle St. Investment Advisors LLC bought a new stake in Schwab US Broad Market ETF in the 3rd quarter valued at $674,000.

Schwab US Broad Market ETF Price Performance

SCHB stock traded up $0.24 during trading hours on Thursday, reaching $63.61. 325,885 shares of the stock were exchanged, compared to its average volume of 805,083. The firm’s 50-day moving average is $61.59 and its 200-day moving average is $59.26. Schwab US Broad Market ETF has a 12 month low of $47.46 and a 12 month high of $63.65. The company has a market cap of $29.24 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02.

About Schwab US Broad Market ETF

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.