Pure Financial Advisors LLC Has $1.71 Million Stake in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Pure Financial Advisors LLC increased its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 189.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 75,177 shares of the company’s stock after purchasing an additional 49,235 shares during the quarter. Pure Financial Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $1,707,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of SCHB. HB Wealth Management LLC lifted its holdings in 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 in the last quarter. Cliftonlarsonallen Wealth Advisors LLC raised its position in shares of Schwab US Broad Market ETF by 195.7% during the fourth quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 2,752,318 shares of the company’s stock worth $62,478,000 after acquiring an additional 1,821,631 shares during the last quarter. Myecfo LLC lifted its stake in shares of Schwab US Broad Market ETF by 206.4% during the fourth quarter. Myecfo LLC now owns 2,270,249 shares of the company’s stock valued at $51,539,000 after acquiring an additional 1,529,275 shares during the period. Winthrop Advisory Group LLC boosted its holdings in Schwab US Broad Market ETF by 270.0% in the fourth quarter. Winthrop Advisory Group LLC now owns 1,476,379 shares of the company’s stock valued at $33,514,000 after acquiring an additional 1,077,345 shares during the last quarter. Finally, Legacy Private Trust Co. increased its position in Schwab US Broad Market ETF by 210.0% in the fourth quarter. Legacy Private Trust Co. now owns 1,470,532 shares of the company’s stock worth $33,381,000 after purchasing an additional 996,131 shares during the period.

Schwab US Broad Market ETF Trading Up 1.0 %

Shares of NYSEARCA:SCHB opened at $23.21 on Tuesday. Schwab US Broad Market ETF has a 1-year low of $18.34 and a 1-year high of $23.73. The stock has a market capitalization of $10.67 billion, a P/E ratio of 25.24 and a beta of 1.02. The business has a 50-day moving average price of $23.12 and a two-hundred day moving average price of $22.21.

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.