Alpha Cubed Investments LLC Buys 5,988 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Alpha Cubed Investments LLC boosted its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 142.6% in the fourth quarter, HoldingsChannel.com reports. The firm owned 10,186 shares of the company’s stock after acquiring an additional 5,988 shares during the period. Alpha Cubed Investments LLC’s holdings in Schwab US Broad Market ETF were worth $231,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. HB Wealth Management LLC raised its stake in shares of Schwab US Broad Market ETF by 192.5% during the 4th quarter. HB Wealth Management LLC now owns 6,505,668 shares of the company’s stock worth $147,681,000 after acquiring an additional 4,281,591 shares in the last quarter. Ballentine Partners LLC increased its position in shares of Schwab US Broad Market ETF by 192.7% during the fourth quarter. Ballentine Partners LLC now owns 3,122,833 shares of the company’s stock worth $70,888,000 after purchasing an additional 2,055,961 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC lifted its holdings in shares of Schwab US Broad Market ETF by 195.7% during the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 2,752,318 shares of the company’s stock valued at $62,478,000 after purchasing an additional 1,821,631 shares during the last quarter. Myecfo LLC boosted its position in shares of Schwab US Broad Market ETF by 206.4% in the 4th quarter. Myecfo LLC now owns 2,270,249 shares of the company’s stock worth $51,539,000 after purchasing an additional 1,529,275 shares in the last quarter. Finally, Winthrop Advisory Group LLC grew its stake in Schwab US Broad Market ETF by 270.0% during the 4th quarter. Winthrop Advisory Group LLC now owns 1,476,379 shares of the company’s stock worth $33,514,000 after buying an additional 1,077,345 shares during the last quarter.

Schwab US Broad Market ETF Price Performance

Shares of NYSEARCA:SCHB opened at $23.43 on Wednesday. The firm has a market capitalization of $10.77 billion, a P/E ratio of 25.24 and a beta of 1.02. The business’s 50-day moving average is $23.12 and its 200 day moving average is $22.21. Schwab US Broad Market ETF has a 1 year low of $18.75 and a 1 year 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.