Cypress Wealth Services LLC lifted its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) by 178.8% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 9,595 shares of the company’s stock after purchasing an additional 6,153 shares during the period. Cypress Wealth Services LLC’s holdings in Schwab US Broad Market ETF were worth $218,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in SCHB. Rebalance LLC raised its position in Schwab US Broad Market ETF by 4.6% in the 3rd quarter. Rebalance LLC now owns 3,824,414 shares of the company’s stock valued at $254,400,000 after purchasing an additional 167,787 shares in the last quarter. Hengehold Capital Management LLC raised its holdings in Schwab US Broad Market ETF by 1.3% in the third quarter. Hengehold Capital Management LLC now owns 3,056,040 shares of the company’s stock valued at $203,288,000 after acquiring an additional 38,823 shares in the last quarter. Strid Group LLC lifted its stake in Schwab US Broad Market ETF by 4.0% in the third quarter. Strid Group LLC now owns 2,864,158 shares of the company’s stock worth $190,524,000 after acquiring an additional 111,281 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC grew its holdings in Schwab US Broad Market ETF by 195.7% during the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 2,752,318 shares of the company’s stock worth $62,478,000 after acquiring an additional 1,821,631 shares in the last quarter. Finally, HighTower Advisors LLC increased its position in shares of Schwab US Broad Market ETF by 7.8% in the 3rd quarter. HighTower Advisors LLC now owns 2,660,625 shares of the company’s stock valued at $177,000,000 after purchasing an additional 191,480 shares during the last quarter.
Schwab US Broad Market ETF Trading Up 1.0 %
Shares of SCHB opened at $23.21 on Friday. The firm has a market capitalization of $10.67 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. The firm’s fifty day simple moving average is $23.12 and its 200-day simple moving average is $22.18. Schwab US Broad Market ETF has a twelve month low of $18.34 and a twelve month high of $23.73.
About Schwab US Broad Market ETF
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.
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