Smith & Howard Wealth Management LLC Purchases 46,814 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Smith & Howard Wealth Management LLC lifted its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 70,221 shares of the company’s stock after acquiring an additional 46,814 shares during the period. Schwab US Broad Market ETF accounts for about 0.5% of Smith & Howard Wealth Management LLC’s investment portfolio, making the stock its 28th largest holding. Smith & Howard Wealth Management LLC’s holdings in Schwab US Broad Market ETF were worth $1,594,000 at the end of the most recent reporting period.

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 4th quarter. Valeo Financial Advisors LLC now owns 16,468 shares of the company’s stock valued at $374,000 after purchasing an additional 10,979 shares during the last quarter. Versant Capital Management Inc boosted its stake in Schwab US Broad Market ETF by 201.0% during the 4th 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 last quarter. Pinnacle Wealth Management Advisory Group LLC boosted its stake in Schwab US Broad Market ETF by 194.3% during the 4th 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 last quarter. Fulcrum Equity Management boosted its stake in Schwab US Broad Market ETF by 6.3% during the 3rd quarter. Fulcrum Equity Management now owns 11,192 shares of the company’s stock valued at $744,000 after purchasing an additional 668 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new stake in Schwab US Broad Market ETF during the 3rd quarter valued at $703,000.

Schwab US Broad Market ETF Trading Down 2.7 %

Shares of SCHB opened at $21.58 on Tuesday. The business’s fifty day simple moving average is $23.08 and its two-hundred day simple moving average 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 cap of $30.86 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.