Schwab US Broad Market ETF (NYSEARCA:SCHB) Position Increased by Triangle Securities Wealth Management

Triangle Securities Wealth Management lifted its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 196.6% during the 4th quarter, HoldingsChannel.com reports. The fund owned 98,143 shares of the company’s stock after buying an additional 65,054 shares during the quarter. Triangle Securities Wealth Management’s holdings in Schwab US Broad Market ETF were worth $2,228,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in SCHB. Strategic Investment Solutions Inc. IL purchased a new position in shares of Schwab US Broad Market ETF during the second quarter valued at $28,000. Global Financial Private Client LLC grew its stake in Schwab US Broad Market ETF by 200.0% during the 4th quarter. Global Financial Private Client LLC now owns 1,332 shares of the company’s stock valued at $30,000 after acquiring an additional 888 shares in the last quarter. GAMMA Investing LLC increased its holdings in shares of Schwab US Broad Market ETF by 200.0% in the 4th quarter. GAMMA Investing LLC now owns 1,446 shares of the company’s stock valued at $33,000 after purchasing an additional 964 shares during the period. Marquette Asset Management LLC lifted its position in shares of Schwab US Broad Market ETF by 200.0% in the fourth quarter. Marquette Asset Management LLC now owns 1,593 shares of the company’s stock worth $36,000 after purchasing an additional 1,062 shares in the last quarter. Finally, Godsey & Gibb Inc. boosted its holdings in shares of Schwab US Broad Market ETF by 200.0% during the fourth quarter. Godsey & Gibb Inc. now owns 2,103 shares of the company’s stock worth $48,000 after purchasing an additional 1,402 shares during the period.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB opened at $23.21 on Friday. Schwab US Broad Market ETF has a 52 week low of $18.34 and a 52 week high of $23.73. The company has a market capitalization of $10.67 billion, a PE ratio of 25.24 and a beta of 1.02. The company’s 50 day moving average price is $23.12 and its 200 day moving average price is $22.18.

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.