Worth Asset Management LLC Has $303,000 Stock Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Worth Asset Management LLC boosted its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 184.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 13,335 shares of the company’s stock after purchasing an additional 8,652 shares during the quarter. Worth Asset Management LLC’s holdings in Schwab US Broad Market ETF were worth $303,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in SCHB. Strategic Financial Concepts LLC increased its stake in shares of Schwab US Broad Market ETF by 6,212.4% in the 2nd quarter. Strategic Financial Concepts LLC now owns 4,696,336 shares of the company’s stock valued at $291,000 after acquiring an additional 4,621,937 shares in the last quarter. Rebalance LLC increased its stake in Schwab US Broad Market ETF by 4.6% in the third quarter. Rebalance LLC now owns 3,824,414 shares of the company’s stock valued at $254,400,000 after purchasing an additional 167,787 shares in the last quarter. Hengehold Capital Management LLC raised its holdings in shares of Schwab US Broad Market ETF by 1.3% during the third quarter. Hengehold Capital Management LLC now owns 3,056,040 shares of the company’s stock valued at $203,288,000 after purchasing an additional 38,823 shares during the period. Strid Group LLC raised its holdings in shares of Schwab US Broad Market ETF by 4.0% during the third quarter. Strid Group LLC now owns 2,864,158 shares of the company’s stock valued at $190,524,000 after purchasing an additional 111,281 shares during the period. Finally, HighTower Advisors LLC boosted its position in shares of Schwab US Broad Market ETF by 7.8% during the 3rd quarter. HighTower Advisors LLC now owns 2,660,625 shares of the company’s stock worth $177,000,000 after purchasing an additional 191,480 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

Shares of SCHB traded down $0.05 during trading hours on Wednesday, hitting $22.78. The stock had a trading volume of 1,987,439 shares, compared to its average volume of 3,593,249. The firm has a 50 day simple moving average of $23.08 and a 200-day simple moving average of $22.09. Schwab US Broad Market ETF has a 1-year low of $18.25 and a 1-year high of $23.73. The firm has a market capitalization of $10.47 billion, a P/E ratio of 25.24 and a beta of 1.02.

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.