Siligmueller & Norvid Wealth Advisors LLC Makes New Investment in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Siligmueller & Norvid Wealth Advisors LLC acquired a new position in Schwab US Broad Market ETF (NYSEARCA:SCHB) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 828,666 shares of the company’s stock, valued at approximately $18,811,000. Schwab US Broad Market ETF comprises 8.0% of Siligmueller & Norvid Wealth Advisors LLC’s portfolio, making the stock its 2nd biggest position. Siligmueller & Norvid Wealth Advisors LLC owned 0.18% of Schwab US Broad Market ETF at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. Maryland Capital Advisors Inc. boosted its position in Schwab US Broad Market ETF by 200.0% during the fourth quarter. Maryland Capital Advisors Inc. now owns 1,161 shares of the company’s stock valued at $26,000 after buying an additional 774 shares during the period. Jackson Grant Investment Advisers Inc. increased its stake in Schwab US Broad Market ETF by 201.0% in the 4th quarter. Jackson Grant Investment Advisers Inc. now owns 1,249 shares of the company’s stock worth $28,000 after purchasing an additional 834 shares during the period. Beacon Capital Management LLC lifted its position in Schwab US Broad Market ETF by 200.2% in the fourth quarter. Beacon Capital Management LLC now owns 1,216 shares of the company’s stock valued at $28,000 after purchasing an additional 811 shares during the last quarter. Albion Financial Group UT boosted its stake in shares of Schwab US Broad Market ETF by 200.0% during the fourth quarter. Albion Financial Group UT now owns 1,260 shares of the company’s stock valued at $29,000 after purchasing an additional 840 shares during the period. Finally, Global Financial Private Client LLC grew its holdings in shares of Schwab US Broad Market ETF by 200.0% in the fourth quarter. Global Financial Private Client LLC now owns 1,332 shares of the company’s stock worth $30,000 after purchasing an additional 888 shares during the last quarter.

Schwab US Broad Market ETF Stock Down 0.5 %

Shares of NYSEARCA SCHB opened at $22.93 on Wednesday. The firm’s fifty day moving average is $23.18 and its 200 day moving average is $22.64. Schwab US Broad Market ETF has a 52 week low of $19.14 and a 52 week high of $23.77. The company has a market cap of $32.79 billion, a price-to-earnings ratio of 25.96 and a beta of 1.04.

About Schwab US Broad Market ETF

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.