Solutions 4 Wealth Ltd Invests $385,000 in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Solutions 4 Wealth Ltd purchased a new stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 6,908 shares of the company’s stock, valued at approximately $385,000. Schwab US Broad Market ETF accounts for approximately 1.3% of Solutions 4 Wealth Ltd’s holdings, making the stock its 21st biggest holding.

Several other large investors also recently made changes to their positions in the stock. Carson Advisory Inc. bought a new stake in shares of Schwab US Broad Market ETF in the fourth quarter valued at about $202,000. SRS Capital Advisors Inc. lifted its stake in Schwab US Broad Market ETF by 8.1% in the 4th quarter. SRS Capital Advisors Inc. now owns 63,268 shares of the company’s stock valued at $3,522,000 after acquiring an additional 4,724 shares in the last quarter. Robertson Stephens Wealth Management LLC lifted its stake in Schwab US Broad Market ETF by 0.5% in the 4th quarter. Robertson Stephens Wealth Management LLC now owns 75,388 shares of the company’s stock valued at $4,197,000 after acquiring an additional 393 shares in the last quarter. FFT Wealth Management LLC boosted its position in Schwab US Broad Market ETF by 2.5% during the 4th quarter. FFT Wealth Management LLC now owns 1,632,813 shares of the company’s stock worth $90,899,000 after acquiring an additional 39,608 shares during the last quarter. Finally, Great Valley Advisor Group Inc. grew its stake in shares of Schwab US Broad Market ETF by 3.0% during the 4th quarter. Great Valley Advisor Group Inc. now owns 288,910 shares of the company’s stock worth $16,084,000 after acquiring an additional 8,380 shares in the last quarter.

Schwab US Broad Market ETF Trading Up 1.1 %

Shares of NYSEARCA SCHB traded up $0.63 during midday trading on Thursday, reaching $58.85. The company’s stock had a trading volume of 735,415 shares, compared to its average volume of 860,934. The stock has a 50 day simple moving average of $59.62 and a 200-day simple moving average of $55.99. The stock has a market capitalization of $27.04 billion, a price-to-earnings ratio of 24.20 and a beta of 1.03. Schwab US Broad Market ETF has a fifty-two week low of $46.92 and a fifty-two week high of $61.18.

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.