Modera Wealth Management LLC Has $2.17 Million Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Modera Wealth Management LLC grew its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 202.0% in the fourth quarter, HoldingsChannel.com reports. The fund owned 95,544 shares of the company’s stock after acquiring an additional 63,902 shares during the period. Modera Wealth Management LLC’s holdings in Schwab US Broad Market ETF were worth $2,169,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Equita Financial Network Inc. lifted its holdings in Schwab US Broad Market ETF by 0.5% during the third quarter. Equita Financial Network Inc. now owns 93,643 shares of the company’s stock worth $6,229,000 after acquiring an additional 451 shares in the last quarter. Cornerstone Planning Group LLC lifted its holdings in shares of Schwab US Broad Market ETF by 4.6% during the 4th quarter. Cornerstone Planning Group LLC now owns 10,600 shares of the company’s stock valued at $247,000 after purchasing an additional 462 shares in the last quarter. Citizens Financial Group Inc. RI grew its position in shares of Schwab US Broad Market ETF by 3.7% in the 3rd quarter. Citizens Financial Group Inc. RI now owns 13,290 shares of the company’s stock valued at $884,000 after purchasing an additional 470 shares during the period. Wilson & Boucher Capital Management LLC increased its stake in Schwab US Broad Market ETF by 0.6% during the 3rd quarter. Wilson & Boucher Capital Management LLC now owns 94,094 shares of the company’s stock worth $6,259,000 after purchasing an additional 575 shares in the last quarter. Finally, Strategic Family Wealth Counselors L.L.C. raised its holdings in Schwab US Broad Market ETF by 0.7% during the 3rd quarter. Strategic Family Wealth Counselors L.L.C. now owns 85,007 shares of the company’s stock worth $5,655,000 after buying an additional 580 shares during the period.

Schwab US Broad Market ETF Stock Down 1.7 %

Shares of SCHB stock opened at $22.53 on Tuesday. The company has a market capitalization of $32.22 billion, a price-to-earnings ratio of 25.96 and a beta of 1.04. Schwab US Broad Market ETF has a 12-month low of $19.14 and a 12-month high of $23.77. The firm has a fifty day moving average of $23.18 and a 200-day moving average of $22.69.

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.