Wealthspire Advisors LLC Boosts Stock Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Wealthspire Advisors LLC raised its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 197.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 507,103 shares of the company’s stock after purchasing an additional 336,858 shares during the quarter. Wealthspire Advisors LLC owned 0.11% of Schwab US Broad Market ETF worth $11,511,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of SCHB. Maryland Capital Advisors Inc. boosted its stake in shares of Schwab US Broad Market ETF by 200.0% in the fourth quarter. Maryland Capital Advisors Inc. now owns 1,161 shares of the company’s stock worth $26,000 after buying an additional 774 shares during the last quarter. Jackson Grant Investment Advisers Inc. boosted its stake in shares of Schwab US Broad Market ETF by 201.0% in the fourth quarter. Jackson Grant Investment Advisers Inc. now owns 1,249 shares of the company’s stock worth $28,000 after buying an additional 834 shares during the last quarter. Beacon Capital Management LLC boosted its stake in shares of Schwab US Broad Market ETF by 200.2% in the fourth quarter. Beacon Capital Management LLC now owns 1,216 shares of the company’s stock worth $28,000 after buying an additional 811 shares during the last quarter. Albion Financial Group UT boosted its stake in shares of Schwab US Broad Market ETF by 200.0% in the fourth quarter. Albion Financial Group UT now owns 1,260 shares of the company’s stock worth $29,000 after buying an additional 840 shares during the last quarter. Finally, Global Financial Private Client LLC boosted its stake in shares of Schwab US Broad Market ETF by 200.0% in the fourth quarter. Global Financial Private Client LLC now owns 1,332 shares of the company’s stock worth $30,000 after buying an additional 888 shares during the last quarter.

Schwab US Broad Market ETF Stock Down 1.9 %

Shares of SCHB opened at $23.18 on Friday. Schwab US Broad Market ETF has a 52 week low of $19.14 and a 52 week high of $23.77. The company has a market capitalization of $33.15 billion, a price-to-earnings ratio of 25.96 and a beta of 1.04. The stock’s 50-day moving average price is $23.20 and its 200-day moving average price is $22.57.

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.