WealthShield Partners LLC Boosts Stake in Schwab US Broad Market ETF (NYSEARCA:SCHB)

WealthShield Partners LLC raised its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 299.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,474 shares of the company’s stock after purchasing an additional 10,847 shares during the quarter. WealthShield Partners LLC’s holdings in Schwab US Broad Market ETF were worth $329,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of SCHB. Asset Advisors Investment Management LLC increased its position in Schwab US Broad Market ETF by 197.3% during the 4th quarter. Asset Advisors Investment Management LLC now owns 2,869,070 shares of the company’s stock worth $65,128,000 after purchasing an additional 1,903,978 shares in the last quarter. B&D White Capital Company LLC increased its position in shares of Schwab US Broad Market ETF by 206.2% in the fourth quarter. B&D White Capital Company LLC now owns 67,301 shares of the company’s stock worth $1,528,000 after acquiring an additional 45,323 shares in the last quarter. Capital Advisors Ltd. LLC raised its stake in shares of Schwab US Broad Market ETF by 176.1% in the 4th quarter. Capital Advisors Ltd. LLC now owns 39,729 shares of the company’s stock valued at $902,000 after acquiring an additional 25,340 shares during the period. Midwest Capital Advisors LLC acquired a new position in shares of Schwab US Broad Market ETF during the 4th quarter valued at $1,828,000. Finally, Cherry Tree Wealth Management LLC boosted its position in Schwab US Broad Market ETF by 197.6% during the 4th quarter. Cherry Tree Wealth Management LLC now owns 123,549 shares of the company’s stock worth $2,805,000 after purchasing an additional 82,027 shares during the period.

Schwab US Broad Market ETF Trading Down 0.6 %

Shares of NYSEARCA SCHB opened at $23.05 on Tuesday. The stock has a fifty day moving average price of $23.20 and a 200 day moving average price of $22.60. Schwab US Broad Market ETF has a 12-month low of $19.14 and a 12-month high of $23.77. The company has a market cap of $32.96 billion, a P/E ratio of 25.96 and a beta of 1.04.

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.