Abound Wealth Management Boosts Stock Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Abound Wealth Management raised its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 141.7% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 9,636 shares of the company’s stock after acquiring an additional 5,650 shares during the quarter. Abound Wealth Management’s holdings in Schwab US Broad Market ETF were worth $219,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Strategic Investment Solutions Inc. IL bought a new position in Schwab US Broad Market ETF in the second quarter worth approximately $28,000. GAMMA Investing LLC grew its position in shares of Schwab US Broad Market ETF by 200.0% during the 4th quarter. GAMMA Investing LLC now owns 1,446 shares of the company’s stock worth $33,000 after buying an additional 964 shares in the last quarter. Joseph Group Capital Management purchased a new position in shares of Schwab US Broad Market ETF during the third quarter valued at $66,000. Northwest Investment Counselors LLC bought a new stake in shares of Schwab US Broad Market ETF in the third quarter valued at about $69,000. Finally, Ashton Thomas Private Wealth LLC purchased a new stake in Schwab US Broad Market ETF in the second quarter worth about $79,000.

Schwab US Broad Market ETF Price Performance

NYSEARCA SCHB traded down $0.01 during trading on Monday, reaching $22.49. 3,472,206 shares of the company’s stock traded hands, compared to its average volume of 4,292,727. Schwab US Broad Market ETF has a 12-month low of $18.25 and a 12-month high of $23.73. The firm has a market cap of $10.34 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. The company’s 50 day simple moving average is $23.11 and its two-hundred day simple moving average is $22.13.

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.