Independent Solutions Wealth Management LLC Acquires 86,092 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Independent Solutions Wealth Management LLC increased its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 169.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 136,818 shares of the company’s stock after purchasing an additional 86,092 shares during the period. Independent Solutions Wealth Management LLC’s holdings in Schwab US Broad Market ETF were worth $3,106,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in SCHB. Brooklyn FI LLC boosted its position in Schwab US Broad Market ETF by 17,756.0% during the fourth quarter. Brooklyn FI LLC now owns 23,155,242 shares of the company’s stock valued at $576,012,000 after buying an additional 23,025,564 shares during the period. Rebalance LLC lifted its stake in shares of Schwab US Broad Market ETF by 199.9% in the 4th quarter. Rebalance LLC now owns 11,471,005 shares of the company’s stock valued at $260,392,000 after acquiring an additional 7,646,591 shares during the last quarter. Hengehold Capital Management LLC boosted its holdings in Schwab US Broad Market ETF by 192.6% during the 4th quarter. Hengehold Capital Management LLC now owns 8,942,406 shares of the company’s stock valued at $202,993,000 after acquiring an additional 5,886,366 shares during the period. Strid Group LLC grew its position in Schwab US Broad Market ETF by 197.8% during the 4th quarter. Strid Group LLC now owns 8,530,226 shares of the company’s stock worth $193,636,000 after acquiring an additional 5,666,068 shares during the last quarter. Finally, Bouchey Financial Group Ltd grew its position in Schwab US Broad Market ETF by 213.4% during the 4th quarter. Bouchey Financial Group Ltd now owns 8,165,768 shares of the company’s stock worth $185,363,000 after acquiring an additional 5,560,636 shares during the last quarter.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB stock opened at $21.82 on Friday. The company has a market capitalization of $31.20 billion, a P/E ratio of 23.90 and a beta of 1.05. Schwab US Broad Market ETF has a fifty-two week low of $19.14 and a fifty-two week high of $23.77. The stock has a 50 day moving average price of $22.89 and a two-hundred day moving average price of $22.69.

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.