Schwab US Broad Market ETF (NYSEARCA:SCHB) Stake Lifted by WT Wealth Management

WT Wealth Management boosted its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 2.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 1,268,681 shares of the company’s stock after purchasing an additional 33,036 shares during the period. Schwab US Broad Market ETF makes up 9.0% of WT Wealth Management’s investment portfolio, making the stock its largest holding. WT Wealth Management owned about 0.28% of Schwab US Broad Market ETF worth $28,799,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Valeo Financial Advisors LLC boosted its holdings in shares of Schwab US Broad Market ETF by 200.0% in the fourth quarter. Valeo Financial Advisors LLC now owns 16,468 shares of the company’s stock valued at $374,000 after acquiring an additional 10,979 shares in the last quarter. Versant Capital Management Inc boosted its holdings in shares of Schwab US Broad Market ETF by 201.0% in the fourth quarter. Versant Capital Management Inc now owns 14,004 shares of the company’s stock valued at $318,000 after acquiring an additional 9,352 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC boosted its holdings in shares of Schwab US Broad Market ETF by 194.3% in the fourth 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 in the last quarter. Fulcrum Equity Management boosted its holdings in shares of Schwab US Broad Market ETF by 6.3% in the third quarter. Fulcrum Equity Management now owns 11,192 shares of the company’s stock valued at $744,000 after acquiring an additional 668 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new stake in shares of Schwab US Broad Market ETF in the third quarter valued at about $703,000.

Schwab US Broad Market ETF Stock Up 0.1 %

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

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.