ProVise Management Group LLC Has $5.98 Million Stock Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

ProVise Management Group LLC increased its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 195.3% during the 4th quarter, HoldingsChannel reports. The fund owned 263,498 shares of the company’s stock after purchasing an additional 174,280 shares during the quarter. ProVise Management Group LLC’s holdings in Schwab US Broad Market ETF were worth $5,981,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in SCHB. Oppenheimer & Co. Inc. acquired a new position in shares of Schwab US Broad Market ETF during the third quarter valued at $291,000. Claro Advisors LLC acquired a new position in Schwab US Broad Market ETF in the third quarter valued at about $201,000. MAI Capital Management lifted its stake in Schwab US Broad Market ETF by 1.8% in the third quarter. MAI Capital Management now owns 84,046 shares of the company’s stock valued at $5,591,000 after buying an additional 1,518 shares during the period. Joseph Group Capital Management acquired a new position in Schwab US Broad Market ETF in the third quarter valued at about $66,000. Finally, Pathstone Holdings LLC lifted its stake in Schwab US Broad Market ETF by 5.0% in the third quarter. Pathstone Holdings LLC now owns 48,663 shares of the company’s stock valued at $3,237,000 after buying an additional 2,313 shares during the period.

Schwab US Broad Market ETF Trading Down 1.0 %

NYSEARCA:SCHB opened at $21.63 on Wednesday. Schwab US Broad Market ETF has a 1-year low of $19.14 and a 1-year high of $23.77. The business’s 50-day moving average price is $22.93 and its two-hundred day moving average price is $22.70. The firm has a market capitalization of $30.93 billion, a price-to-earnings ratio of 23.90 and a beta of 1.05.

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.