Transform Wealth LLC Grows Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Transform Wealth LLC grew its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 376.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 1,084,336 shares of the company’s stock after purchasing an additional 856,655 shares during the quarter. Schwab US Broad Market ETF accounts for 1.4% of Transform Wealth LLC’s holdings, making the stock its 14th largest holding. Transform Wealth LLC’s holdings in Schwab US Broad Market ETF were worth $24,614,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also modified their holdings of SCHB. HB Wealth Management LLC boosted its position in Schwab US Broad Market ETF by 192.5% during the fourth quarter. HB Wealth Management LLC now owns 6,505,668 shares of the company’s stock worth $147,681,000 after acquiring an additional 4,281,591 shares during the last quarter. Ballentine Partners LLC boosted its holdings in shares of Schwab US Broad Market ETF by 192.7% during the fourth quarter. Ballentine Partners LLC now owns 3,122,833 shares of the company’s stock worth $70,888,000 after purchasing an additional 2,055,961 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC grew its position in shares of Schwab US Broad Market ETF by 195.7% in the fourth quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 2,752,318 shares of the company’s stock valued at $62,478,000 after purchasing an additional 1,821,631 shares during the period. Myecfo LLC increased its stake in Schwab US Broad Market ETF by 206.4% in the fourth quarter. Myecfo LLC now owns 2,270,249 shares of the company’s stock valued at $51,539,000 after purchasing an additional 1,529,275 shares during the last quarter. Finally, Winthrop Advisory Group LLC boosted its stake in Schwab US Broad Market ETF by 270.0% in the 4th quarter. Winthrop Advisory Group LLC now owns 1,476,379 shares of the company’s stock worth $33,514,000 after buying an additional 1,077,345 shares during the last quarter.

Schwab US Broad Market ETF Price Performance

SCHB opened at $23.21 on Tuesday. Schwab US Broad Market ETF has a 12 month low of $18.34 and a 12 month high of $23.73. The business has a 50-day moving average of $23.12 and a two-hundred day moving average of $22.21. The stock has a market capitalization of $10.67 billion, a price-to-earnings 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.