Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Bought by Valley Wealth Managers Inc.

Valley Wealth Managers Inc. grew its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 45.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,262 shares of the company’s stock after purchasing an additional 707 shares during the quarter. Valley Wealth Managers Inc.’s holdings in Schwab US Broad Market ETF were worth $51,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. Bfsg LLC lifted its stake in shares of Schwab US Broad Market ETF by 652.8% in the fourth quarter. Bfsg LLC now owns 5,646 shares of the company’s stock worth $128,000 after acquiring an additional 4,896 shares in the last quarter. Buckingham Capital Management Inc. lifted its stake in shares of Schwab US Broad Market ETF by 169.1% in the fourth quarter. Buckingham Capital Management Inc. now owns 1,495,896 shares of the company’s stock worth $33,957,000 after acquiring an additional 940,045 shares in the last quarter. HighMark Wealth Management LLC lifted its stake in shares of Schwab US Broad Market ETF by 200.9% in the fourth quarter. HighMark Wealth Management LLC now owns 2,546 shares of the company’s stock worth $58,000 after acquiring an additional 1,700 shares in the last quarter. Atria Wealth Solutions Inc. lifted its stake in shares of Schwab US Broad Market ETF by 314.3% in the fourth quarter. Atria Wealth Solutions Inc. now owns 286,489 shares of the company’s stock worth $6,503,000 after acquiring an additional 217,338 shares in the last quarter. Finally, Venturi Wealth Management LLC lifted its stake in shares of Schwab US Broad Market ETF by 200.0% in the fourth quarter. Venturi Wealth Management LLC now owns 4,881 shares of the company’s stock worth $111,000 after acquiring an additional 3,254 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

NYSEARCA:SCHB opened at $23.71 on Wednesday. Schwab US Broad Market ETF has a one year low of $19.14 and a one year high of $23.73. The business’s 50-day simple moving average is $23.19 and its 200 day simple moving average is $22.51. The stock has a market cap of $10.90 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02.

Schwab US Broad Market ETF 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.