WealthShield Partners LLC Increases Stock Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

WealthShield Partners LLC increased its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 299.1% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 14,474 shares of the company’s stock after buying an additional 10,847 shares during the period. WealthShield Partners LLC’s holdings in Schwab US Broad Market ETF were worth $329,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Hengehold Capital Management LLC increased its position in shares of Schwab US Broad Market ETF by 192.6% during the fourth quarter. Hengehold Capital Management LLC now owns 8,942,406 shares of the company’s stock worth $202,993,000 after acquiring an additional 5,886,366 shares during the last quarter. Strid Group LLC grew its stake in Schwab US Broad Market ETF by 197.8% during the 4th quarter. Strid Group LLC now owns 8,530,226 shares of the company’s stock valued at $193,636,000 after purchasing an additional 5,666,068 shares in the last quarter. Strategic Financial Concepts LLC increased its holdings in Schwab US Broad Market ETF by 6,492.3% during the 4th quarter. Strategic Financial Concepts LLC now owns 4,959,692 shares of the company’s stock worth $112,585,000 after purchasing an additional 4,884,457 shares during the last quarter. Empower Advisory Group LLC raised its position in shares of Schwab US Broad Market ETF by 2,357.8% in the 4th quarter. Empower Advisory Group LLC now owns 4,892,270 shares of the company’s stock valued at $111,055,000 after purchasing an additional 4,693,222 shares in the last quarter. Finally, HB Wealth Management LLC boosted 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 valued at $147,681,000 after buying an additional 4,281,591 shares during the last quarter.

Schwab US Broad Market ETF Trading Down 0.6 %

SCHB stock opened at $23.05 on Tuesday. The company has a market capitalization of $32.96 billion, a P/E ratio of 25.96 and a beta of 1.04. The firm has a 50 day simple moving average of $23.20 and a 200-day simple moving average of $22.60. Schwab US Broad Market ETF has a twelve month low of $19.14 and a twelve month high of $23.77.

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.