Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Acquired by Apriem Advisors

Apriem Advisors lifted its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 199.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 416,833 shares of the company’s stock after buying an additional 277,842 shares during the period. Schwab US Broad Market ETF makes up approximately 1.1% of Apriem Advisors’ investment portfolio, making the stock its 29th biggest holding. Apriem Advisors owned 0.09% of Schwab US Broad Market ETF worth $9,462,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in SCHB. Valeo Financial Advisors LLC increased its holdings in shares of Schwab US Broad Market ETF by 200.0% during the 4th quarter. Valeo Financial Advisors LLC now owns 16,468 shares of the company’s stock valued at $374,000 after purchasing an additional 10,979 shares in the last quarter. Versant Capital Management Inc boosted its stake in shares of Schwab US Broad Market ETF by 201.0% during the 4th quarter. Versant Capital Management Inc now owns 14,004 shares of the company’s stock worth $318,000 after acquiring an additional 9,352 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC grew its position in shares of Schwab US Broad Market ETF by 194.3% during the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 25,146 shares of the company’s stock valued at $571,000 after acquiring an additional 16,602 shares during the period. Fulcrum Equity Management boosted its position in Schwab US Broad Market ETF by 6.3% during the third quarter. Fulcrum Equity Management now owns 11,192 shares of the company’s stock worth $744,000 after purchasing an additional 668 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new stake in Schwab US Broad Market ETF in the third quarter valued at approximately $703,000.

Schwab US Broad Market ETF Stock Up 0.1 %

Shares of NYSEARCA SCHB opened at $22.96 on Thursday. Schwab US Broad Market ETF has a 52-week low of $19.14 and a 52-week high of $23.77. The company’s 50-day simple moving average is $23.19 and its 200-day simple moving average is $22.64. The firm has a market cap of $32.83 billion, a price-to-earnings ratio of 25.96 and a beta of 1.04.

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.