Planned Solutions Inc. Buys 75,589 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Planned Solutions Inc. boosted its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 208.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 111,897 shares of the company’s stock after purchasing an additional 75,589 shares during the period. Schwab US Broad Market ETF comprises about 1.0% of Planned Solutions Inc.’s holdings, making the stock its 18th largest holding. Planned Solutions Inc.’s holdings in Schwab US Broad Market ETF were worth $2,540,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in SCHB. Exchange Bank lifted its stake in shares of Schwab US Broad Market ETF by 199.4% in the 4th quarter. Exchange Bank now owns 77,850 shares of the company’s stock valued at $1,767,000 after acquiring an additional 51,850 shares during the last quarter. Atomi Financial Group Inc. increased its holdings in Schwab US Broad Market ETF by 325.0% in the 4th quarter. Atomi Financial Group Inc. now owns 694,178 shares of the company’s stock worth $15,758,000 after purchasing an additional 530,853 shares in the last quarter. Signature Resources Capital Management LLC increased its holdings in Schwab US Broad Market ETF by 197.6% in the 4th quarter. Signature Resources Capital Management LLC now owns 66,802 shares of the company’s stock worth $1,516,000 after purchasing an additional 44,352 shares in the last quarter. Great Waters Wealth Management raised its position in Schwab US Broad Market ETF by 193.8% in the fourth quarter. Great Waters Wealth Management now owns 104,942 shares of the company’s stock valued at $2,382,000 after purchasing an additional 69,221 shares during the last quarter. Finally, Transform Wealth LLC boosted its stake in shares of Schwab US Broad Market ETF by 376.3% during the fourth quarter. Transform Wealth LLC now owns 1,084,336 shares of the company’s stock valued at $24,614,000 after purchasing an additional 856,655 shares in the last quarter.

Schwab US Broad Market ETF Trading Up 1.0 %

NYSEARCA:SCHB opened at $23.21 on Tuesday. The stock’s 50-day moving average is $23.12 and its 200-day moving average is $22.21. The stock has a market cap of $10.67 billion, a P/E ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a 1-year low of $18.34 and a 1-year high of $23.73.

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.