Rothschild Wealth LLC acquired a new stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) during the 4th quarter, Holdings Channel reports. The firm acquired 777,682 shares of the company’s stock, valued at approximately $20,399,000. Schwab US Broad Market ETF accounts for 2.0% of Rothschild Wealth LLC’s holdings, making the stock its 4th biggest position.
Several other institutional investors have also recently made changes to their positions in the stock. Rebalance LLC raised its holdings in shares of Schwab US Broad Market ETF by 3.3% during the fourth quarter. Rebalance LLC now owns 14,963,211 shares of the company’s stock valued at $392,485,000 after purchasing an additional 483,144 shares during the period. HighTower Advisors LLC increased its position in shares of Schwab US Broad Market ETF by 11.0% during the fourth quarter. HighTower Advisors LLC now owns 8,631,797 shares of the company’s stock worth $226,412,000 after acquiring an additional 854,800 shares in the last quarter. Bouchey Financial Group Ltd increased its position in shares of Schwab US Broad Market ETF by 0.5% during the third quarter. Bouchey Financial Group Ltd now owns 8,318,386 shares of the company’s stock worth $213,866,000 after acquiring an additional 42,459 shares in the last quarter. Hanson & Doremus Investment Management increased its position in shares of Schwab US Broad Market ETF by 7.6% during the fourth quarter. Hanson & Doremus Investment Management now owns 7,007,872 shares of the company’s stock worth $183,816,000 after acquiring an additional 493,815 shares in the last quarter. Finally, Evergreen Advisors LLC bought a new stake in shares of Schwab US Broad Market ETF during the fourth quarter worth about $161,772,000.
Schwab US Broad Market ETF Price Performance
NYSEARCA:SCHB opened at $29.00 on Wednesday. The firm has a 50-day moving average of $28.01 and a 200-day moving average of $26.86. The company has a market cap of $42.88 billion, a PE ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a one year low of $22.88 and a one year high of $29.35.
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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.
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