Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Acquired by Moss Adams Wealth Advisors LLC

Moss Adams Wealth Advisors LLC increased its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 79.9% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 7,001 shares of the company’s stock after acquiring an additional 3,109 shares during the period. Moss Adams Wealth Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $390,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in SCHB. Capital Performance Advisors LLP lifted its holdings in Schwab US Broad Market ETF by 19.0% during the fourth quarter. Capital Performance Advisors LLP now owns 17,917 shares of the company’s stock valued at $997,000 after purchasing an additional 2,860 shares in the last quarter. Apollon Wealth Management LLC raised its position in shares of Schwab US Broad Market ETF by 47.4% during the 4th quarter. Apollon Wealth Management LLC now owns 8,233 shares of the company’s stock worth $458,000 after purchasing an additional 2,647 shares during the last quarter. Lincoln National Corp lifted its stake in Schwab US Broad Market ETF by 98.7% in the 4th quarter. Lincoln National Corp now owns 11,857 shares of the company’s stock valued at $660,000 after buying an additional 5,891 shares in the last quarter. Private Advisor Group LLC lifted its stake in Schwab US Broad Market ETF by 7.2% in the 4th quarter. Private Advisor Group LLC now owns 65,572 shares of the company’s stock valued at $3,650,000 after buying an additional 4,425 shares in the last quarter. Finally, W.H. Cornerstone Investments Inc. acquired a new stake in Schwab US Broad Market ETF in the 4th quarter worth about $553,000.

Schwab US Broad Market ETF Stock Down 0.1 %

Shares of Schwab US Broad Market ETF stock traded down $0.04 during mid-day trading on Wednesday, reaching $60.21. 524,131 shares of the stock traded hands, compared to its average volume of 852,915. The stock has a market capitalization of $27.66 billion, a PE ratio of 24.20 and a beta of 1.03. The business has a 50-day moving average of $59.70 and a 200 day moving average of $56.34. Schwab US Broad Market ETF has a fifty-two week low of $47.46 and a fifty-two week 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.