Thrive Wealth Management LLC Buys 57,395 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Thrive Wealth Management LLC boosted its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 214.7% in the fourth quarter, Holdings Channel reports. The firm owned 84,125 shares of the company’s stock after acquiring an additional 57,395 shares during the period. Thrive Wealth Management LLC’s holdings in Schwab US Broad Market ETF were worth $1,910,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in SCHB. Strategic Investment Solutions Inc. IL bought a new stake in Schwab US Broad Market ETF during the second quarter worth approximately $28,000. Global Financial Private Client LLC boosted its position in shares of Schwab US Broad Market ETF by 200.0% in the fourth 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 during the period. GAMMA Investing LLC boosted its position in shares of Schwab US Broad Market ETF by 200.0% in the fourth quarter. GAMMA Investing LLC now owns 1,446 shares of the company’s stock valued at $33,000 after acquiring an additional 964 shares during the period. Marquette Asset Management LLC raised its stake in Schwab US Broad Market ETF by 200.0% during the fourth quarter. Marquette Asset Management LLC now owns 1,593 shares of the company’s stock worth $36,000 after acquiring an additional 1,062 shares in the last quarter. Finally, Godsey & Gibb Inc. raised its stake in 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 acquiring an additional 1,402 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

Schwab US Broad Market ETF stock opened at $23.21 on Monday. The stock has a fifty day moving average price of $23.12 and a two-hundred day moving average price of $22.19. Schwab US Broad Market ETF has a 52-week low of $18.34 and a 52-week high of $23.73. The firm has a market capitalization of $10.67 billion, a P/E ratio of 25.24 and a beta of 1.02.

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.