Motive Wealth Advisors Has $10.89 Million Stake in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Motive Wealth Advisors grew its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 479,748 shares of the company’s stock after purchasing an additional 319,832 shares during the quarter. Schwab US Broad Market ETF makes up approximately 5.8% of Motive Wealth Advisors’ portfolio, making the stock its 5th biggest position. Motive Wealth Advisors owned 0.10% of Schwab US Broad Market ETF worth $10,890,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Hengehold Capital Management LLC raised its holdings in Schwab US Broad Market ETF by 192.6% in the 4th quarter. Hengehold Capital Management LLC now owns 8,942,406 shares of the company’s stock worth $202,993,000 after purchasing an additional 5,886,366 shares in the last quarter. HB Wealth Management LLC lifted its holdings in Schwab US Broad Market ETF by 192.5% in the fourth quarter. HB Wealth Management LLC now owns 6,505,668 shares of the company’s stock worth $147,681,000 after buying an additional 4,281,591 shares during the period. Ballentine Partners LLC lifted its stake in shares of Schwab US Broad Market ETF by 192.7% in the 4th quarter. Ballentine Partners LLC now owns 3,122,833 shares of the company’s stock valued at $70,888,000 after purchasing an additional 2,055,961 shares during the period. Cliftonlarsonallen Wealth Advisors LLC boosted its position in shares of Schwab US Broad Market ETF by 195.7% during the fourth 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 in the last quarter. Finally, Myecfo LLC boosted its position in shares of Schwab US Broad Market ETF by 206.4% during the fourth quarter. Myecfo LLC now owns 2,270,249 shares of the company’s stock valued at $51,539,000 after purchasing an additional 1,529,275 shares in the last quarter.

Schwab US Broad Market ETF Trading Up 0.6 %

SCHB opened at $23.67 on Friday. The company has a market cap of $10.88 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. The stock has a fifty day simple moving average of $23.13 and a two-hundred day simple moving average of $22.23. Schwab US Broad Market ETF has a 12-month low of $18.75 and a 12-month 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.