Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Acquired by Robinson Smith Wealth Advisors LLC

Robinson Smith Wealth Advisors LLC grew its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 215.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,040,141 shares of the company’s stock after acquiring an additional 710,156 shares during the quarter. Schwab US Broad Market ETF accounts for 20.0% of Robinson Smith Wealth Advisors LLC’s holdings, making the stock its biggest position. Robinson Smith Wealth Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $23,611,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Oppenheimer & Co. Inc. bought a new position in Schwab US Broad Market ETF during the 3rd quarter worth $291,000. RIA Advisory Group LLC acquired a new stake in shares of Schwab US Broad Market ETF during the third quarter valued at about $567,000. Accredited Investors Inc. boosted its stake in shares of Schwab US Broad Market ETF by 0.5% during the third quarter. Accredited Investors Inc. now owns 1,619,374 shares of the company’s stock valued at $107,721,000 after purchasing an additional 7,749 shares in the last quarter. Sawgrass Asset Management LLC boosted its stake in shares of Schwab US Broad Market ETF by 23.8% during the third quarter. Sawgrass Asset Management LLC now owns 75,717 shares of the company’s stock valued at $5,037,000 after purchasing an additional 14,545 shares in the last quarter. Finally, Claro Advisors LLC bought a new position in shares of Schwab US Broad Market ETF during the third quarter worth about $201,000.

Schwab US Broad Market ETF Price Performance

Shares of SCHB opened at $21.69 on Friday. The company has a market capitalization of $31.02 billion, a price-to-earnings ratio of 23.90 and a beta of 1.05. The business has a 50-day moving average of $22.97 and a 200-day moving average of $22.70. Schwab US Broad Market ETF has a 1 year low of $19.14 and a 1 year high of $23.77.

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.