Jeppson Wealth Management LLC Purchases 16,692 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Jeppson Wealth Management LLC lifted its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 201.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 24,996 shares of the company’s stock after purchasing an additional 16,692 shares during the quarter. Jeppson Wealth Management LLC’s holdings in Schwab US Broad Market ETF were worth $567,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in SCHB. Strategic Investment Solutions Inc. IL purchased a new position in Schwab US Broad Market ETF in the 2nd quarter worth approximately $28,000. Joseph Group Capital Management bought a new stake in shares of Schwab US Broad Market ETF during the 3rd quarter worth $66,000. Northwest Investment Counselors LLC purchased a new position in Schwab US Broad Market ETF in the third quarter worth $69,000. Albion Financial Group UT increased its stake in Schwab US Broad Market ETF by 200.0% in the fourth quarter. Albion Financial Group UT now owns 1,260 shares of the company’s stock valued at $29,000 after acquiring an additional 840 shares during the last quarter. Finally, Global Financial Private Client LLC raised its position in Schwab US Broad Market ETF by 200.0% during the fourth quarter. Global Financial Private Client LLC now owns 1,332 shares of the company’s stock valued at $30,000 after purchasing an additional 888 shares in the last quarter.

Schwab US Broad Market ETF Trading Down 1.4 %

SCHB opened at $23.27 on Tuesday. The stock has a market capitalization of $10.70 billion, a P/E ratio of 25.24 and a beta of 1.02. The stock has a 50-day moving average price of $23.16 and a 200-day moving average price of $22.27. Schwab US Broad Market ETF has a 12-month low of $18.75 and a 12-month high of $23.73.

About Schwab US Broad Market ETF

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.