RKL Wealth Management LLC Purchases 92,323 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

RKL Wealth Management LLC increased its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 131.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 162,680 shares of the company’s stock after purchasing an additional 92,323 shares during the period. RKL Wealth Management LLC’s holdings in Schwab US Broad Market ETF were worth $3,693,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in SCHB. Hengehold Capital Management LLC raised its holdings in shares of Schwab US Broad Market ETF by 192.6% during the fourth quarter. Hengehold Capital Management LLC now owns 8,942,406 shares of the company’s stock valued at $202,993,000 after purchasing an additional 5,886,366 shares during the last quarter. Strid Group LLC raised its holdings in shares of Schwab US Broad Market ETF by 197.8% during the fourth quarter. Strid Group LLC now owns 8,530,226 shares of the company’s stock valued at $193,636,000 after purchasing an additional 5,666,068 shares during the last quarter. Bouchey Financial Group Ltd raised its holdings in shares of Schwab US Broad Market ETF by 213.4% during the fourth quarter. Bouchey Financial Group Ltd now owns 8,165,768 shares of the company’s stock valued at $185,363,000 after purchasing an additional 5,560,636 shares during the last quarter. Strategic Financial Concepts LLC raised its holdings in shares of Schwab US Broad Market ETF by 6,492.3% during the fourth quarter. Strategic Financial Concepts LLC now owns 4,959,692 shares of the company’s stock valued at $112,585,000 after purchasing an additional 4,884,457 shares during the last quarter. Finally, Empower Advisory Group LLC raised its holdings in shares of Schwab US Broad Market ETF by 2,357.8% during the fourth quarter. Empower Advisory Group LLC now owns 4,892,270 shares of the company’s stock valued at $111,055,000 after purchasing an additional 4,693,222 shares during the last quarter.

Schwab US Broad Market ETF Stock Up 0.5 %

SCHB opened at $22.18 on Friday. The firm has a 50 day moving average price of $23.10 and a 200-day moving average price of $22.69. Schwab US Broad Market ETF has a twelve month low of $19.14 and a twelve month high of $23.77. The stock has a market capitalization of $31.72 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.