Kingswood Wealth Advisors LLC Increases Stock Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Kingswood Wealth Advisors LLC lifted its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 313.9% in the fourth quarter, HoldingsChannel reports. The firm owned 101,035 shares of the company’s stock after buying an additional 76,622 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $2,294,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Strategic Investment Solutions Inc. IL acquired a new position in Schwab US Broad Market ETF during the 2nd quarter worth $28,000. Albion Financial Group UT grew its holdings in Schwab US Broad Market ETF by 200.0% during the 4th quarter. Albion Financial Group UT now owns 1,260 shares of the company’s stock worth $29,000 after acquiring an additional 840 shares in the last quarter. Global Financial Private Client LLC increased its position in shares of Schwab US Broad Market ETF by 200.0% in the 4th quarter. Global Financial Private Client LLC now owns 1,332 shares of the company’s stock valued at $30,000 after purchasing an additional 888 shares during the last quarter. GAMMA Investing LLC lifted its position in shares of Schwab US Broad Market ETF by 200.0% during the 4th quarter. GAMMA Investing LLC now owns 1,446 shares of the company’s stock worth $33,000 after purchasing an additional 964 shares during the last quarter. Finally, Marquette Asset Management LLC raised its stake in Schwab US Broad Market ETF by 200.0% in the fourth quarter. Marquette Asset Management LLC now owns 1,593 shares of the company’s stock valued at $36,000 after buying an additional 1,062 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

NYSEARCA:SCHB opened at $23.27 on Tuesday. Schwab US Broad Market ETF has a 1 year low of $18.75 and a 1 year high of $23.73. The stock has a market cap of $10.70 billion, a P/E ratio of 25.24 and a beta of 1.02. The stock has a 50-day simple moving average of $23.16 and a 200-day simple moving average of $22.27.

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.