VERITY Wealth Advisors Has $1.27 Million Stock Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

VERITY Wealth Advisors lifted its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 56,088 shares of the company’s stock after purchasing an additional 37,392 shares during the quarter. Schwab US Broad Market ETF makes up about 0.9% of VERITY Wealth Advisors’ holdings, making the stock its 17th biggest position. VERITY Wealth Advisors’ holdings in Schwab US Broad Market ETF were worth $1,273,000 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. Axxcess Wealth Management LLC lifted its position in shares of Schwab US Broad Market ETF by 33.0% in the third quarter. Axxcess Wealth Management LLC now owns 12,158 shares of the company’s stock worth $809,000 after buying an additional 3,015 shares during the last quarter. Meritage Portfolio Management raised its stake in shares of Schwab US Broad Market ETF by 41.4% in the 3rd quarter. Meritage Portfolio Management now owns 32,669 shares of the company’s stock valued at $2,173,000 after acquiring an additional 9,570 shares in the last quarter. Bond & Devick Financial Network Inc. lifted its holdings in Schwab US Broad Market ETF by 38.1% in the 3rd quarter. Bond & Devick Financial Network Inc. now owns 186,163 shares of the company’s stock worth $12,384,000 after purchasing an additional 51,336 shares during the last quarter. Buckingham Capital Management Inc. boosted its position in Schwab US Broad Market ETF by 1.9% during the third quarter. Buckingham Capital Management Inc. now owns 555,851 shares of the company’s stock worth $36,975,000 after purchasing an additional 10,418 shares during the period. Finally, Harbour Investments Inc. grew its holdings in Schwab US Broad Market ETF by 1.0% during the third quarter. Harbour Investments Inc. now owns 280,036 shares of the company’s stock valued at $18,628,000 after purchasing an additional 2,659 shares during the last quarter.

Schwab US Broad Market ETF Stock Down 2.7 %

NYSEARCA:SCHB opened at $21.58 on Tuesday. The company’s 50 day moving average is $23.08 and its 200-day moving average is $22.71. 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 market cap of $30.86 billion, a price-to-earnings ratio of 25.96 and a beta of 1.04.

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.