Regent Peak Wealth Advisors LLC Raises Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Regent Peak Wealth Advisors LLC boosted its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 219.3% in the 4th quarter, HoldingsChannel reports. The firm owned 87,936 shares of the company’s stock after purchasing an additional 60,398 shares during the period. Schwab US Broad Market ETF makes up about 0.4% of Regent Peak Wealth Advisors LLC’s holdings, making the stock its 28th largest holding. Regent Peak Wealth Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $1,996,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of SCHB. Strategic Financial Concepts LLC lifted its position in Schwab US Broad Market ETF by 6,212.4% during the second quarter. Strategic Financial Concepts LLC now owns 4,696,336 shares of the company’s stock worth $291,000 after buying an additional 4,621,937 shares during the period. Rebalance LLC lifted its holdings in shares of Schwab US Broad Market ETF by 4.6% during the 3rd quarter. Rebalance LLC now owns 3,824,414 shares of the company’s stock worth $254,400,000 after acquiring an additional 167,787 shares during the period. Hengehold Capital Management LLC boosted its position in shares of Schwab US Broad Market ETF by 1.3% in the third quarter. Hengehold Capital Management LLC now owns 3,056,040 shares of the company’s stock worth $203,288,000 after acquiring an additional 38,823 shares during the last quarter. Strid Group LLC grew its holdings in Schwab US Broad Market ETF by 4.0% in the third quarter. Strid Group LLC now owns 2,864,158 shares of the company’s stock valued at $190,524,000 after purchasing an additional 111,281 shares during the period. Finally, HighTower Advisors LLC increased its position in Schwab US Broad Market ETF by 7.8% during the third quarter. HighTower Advisors LLC now owns 2,660,625 shares of the company’s stock worth $177,000,000 after purchasing an additional 191,480 shares during the last quarter.

Schwab US Broad Market ETF Price Performance

NYSEARCA:SCHB traded down $0.17 during trading hours on Tuesday, reaching $22.92. 2,242,684 shares of the company were exchanged, compared to its average volume of 3,556,125. The firm has a market cap of $10.54 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. The stock has a 50 day simple moving average of $23.07 and a 200 day simple moving average of $22.08. Schwab US Broad Market ETF has a 52-week low of $18.23 and a 52-week high of $23.73.

Schwab US Broad Market ETF 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.