Glassman Wealth Services Grows Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Glassman Wealth Services raised its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 366.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,579 shares of the company’s stock after purchasing an additional 4,383 shares during the quarter. Glassman Wealth Services’ holdings in Schwab US Broad Market ETF were worth $127,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Joseph Group Capital Management purchased a new position in shares of Schwab US Broad Market ETF in the 3rd quarter worth about $66,000. Maryland Capital Advisors Inc. raised its holdings in shares of Schwab US Broad Market ETF by 200.0% in the 4th quarter. Maryland Capital Advisors Inc. now owns 1,161 shares of the company’s stock worth $26,000 after purchasing an additional 774 shares during the period. Wiser Advisor Group LLC raised its holdings in shares of Schwab US Broad Market ETF by 200.8% in the 4th quarter. Wiser Advisor Group LLC now owns 1,176 shares of the company’s stock worth $27,000 after purchasing an additional 785 shares during the period. Beacon Capital Management LLC raised its holdings in shares of Schwab US Broad Market ETF by 200.2% in the 4th quarter. Beacon Capital Management LLC now owns 1,216 shares of the company’s stock worth $28,000 after purchasing an additional 811 shares during the period. Finally, Jackson Grant Investment Advisers Inc. raised its holdings in shares of Schwab US Broad Market ETF by 201.0% in the 4th quarter. Jackson Grant Investment Advisers Inc. now owns 1,249 shares of the company’s stock worth $28,000 after purchasing an additional 834 shares during the period.

Schwab US Broad Market ETF Price Performance

Schwab US Broad Market ETF stock opened at $22.92 on Friday. The stock’s 50-day moving average is $23.19 and its 200-day moving average is $22.67. The company has a market cap of $32.78 billion, a price-to-earnings ratio of 25.96 and a beta of 1.04. Schwab US Broad Market ETF has a 12 month low of $19.14 and a 12 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.