Sheets Smith Wealth Management Buys 604 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Sheets Smith Wealth Management lifted its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 0.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 124,468 shares of the company’s stock after purchasing an additional 604 shares during the period. Sheets Smith Wealth Management’s holdings in Schwab US Broad Market ETF were worth $6,929,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Evolution Advisers Inc. raised its stake in Schwab US Broad Market ETF by 33.8% in the fourth quarter. Evolution Advisers Inc. now owns 756 shares of the company’s stock valued at $42,000 after buying an additional 191 shares during the period. Capital Investment Advisors LLC lifted its holdings in Schwab US Broad Market ETF by 4.1% during the 4th quarter. Capital Investment Advisors LLC now owns 4,888 shares of the company’s stock valued at $272,000 after purchasing an additional 192 shares during the last quarter. Kades & Cheifetz LLC boosted its position in Schwab US Broad Market ETF by 2.8% during the fourth quarter. Kades & Cheifetz LLC now owns 8,215 shares of the company’s stock worth $457,000 after purchasing an additional 220 shares during the period. Creative Financial Designs Inc. ADV increased its holdings in shares of Schwab US Broad Market ETF by 55.3% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 621 shares of the company’s stock valued at $35,000 after purchasing an additional 221 shares during the last quarter. Finally, Hendershot Investments Inc. lifted its stake in shares of Schwab US Broad Market ETF by 0.8% during the 4th quarter. Hendershot Investments Inc. now owns 27,877 shares of the company’s stock worth $1,552,000 after buying an additional 225 shares during the last quarter.

Schwab US Broad Market ETF Price Performance

Schwab US Broad Market ETF stock traded up $0.69 during trading hours on Friday, hitting $59.54. The company had a trading volume of 835,458 shares, compared to its average volume of 860,636. The firm has a 50-day moving average of $59.63 and a 200 day moving average of $56.16. The firm has a market cap of $27.35 billion, a PE ratio of 24.20 and a beta of 1.03. Schwab US Broad Market ETF has a one year low of $46.92 and a one year high of $61.18.

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.