Rebalance LLC Purchases 7,646,591 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Rebalance LLC grew its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 199.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,471,005 shares of the company’s stock after buying an additional 7,646,591 shares during the period. Schwab US Broad Market ETF accounts for approximately 19.5% of Rebalance LLC’s investment portfolio, making the stock its largest position. Rebalance LLC owned 2.50% of Schwab US Broad Market ETF worth $260,392,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Valeo Financial Advisors LLC boosted its stake in Schwab US Broad Market ETF by 200.0% during the fourth quarter. Valeo Financial Advisors LLC now owns 16,468 shares of the company’s stock worth $374,000 after buying an additional 10,979 shares during the period. Versant Capital Management Inc raised its position in Schwab US Broad Market ETF by 201.0% in the fourth quarter. Versant Capital Management Inc now owns 14,004 shares of the company’s stock valued at $318,000 after purchasing an additional 9,352 shares during the period. Pinnacle Wealth Management Advisory Group LLC raised its position in Schwab US Broad Market ETF by 194.3% in the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 25,146 shares of the company’s stock valued at $571,000 after purchasing an additional 16,602 shares during the period. Fulcrum Equity Management lifted its stake in Schwab US Broad Market ETF by 6.3% during the third quarter. Fulcrum Equity Management now owns 11,192 shares of the company’s stock worth $744,000 after purchasing an additional 668 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new position in shares of Schwab US Broad Market ETF during the third quarter worth $703,000.

Schwab US Broad Market ETF Trading Up 0.5 %

SCHB stock opened at $22.18 on Monday. The business’s fifty day moving average price is $23.10 and its 200 day moving average price is $22.71. Schwab US Broad Market ETF has a 12-month low of $19.14 and a 12-month high of $23.77. The company has a market capitalization of $31.72 billion, a PE ratio of 25.96 and a beta of 1.04.

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.