Avantax Advisory Services Inc. Has $1.87 Million Stock Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Avantax Advisory Services Inc. raised its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 242.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 82,435 shares of the company’s stock after buying an additional 58,357 shares during the quarter. Avantax Advisory Services Inc.’s holdings in Schwab US Broad Market ETF were worth $1,871,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of SCHB. Joseph Group Capital Management acquired a new position in shares of Schwab US Broad Market ETF during the 3rd quarter valued at $66,000. Promus Capital LLC acquired a new position in shares of Schwab US Broad Market ETF during the fourth quarter valued at about $25,000. Maryland Capital Advisors Inc. boosted its position in shares of Schwab US Broad Market ETF by 200.0% during 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 in the last quarter. Wiser Advisor Group LLC grew its stake 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 valued at $27,000 after buying an additional 785 shares during the period. Finally, Beacon Capital Management LLC grew its stake 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 valued at $28,000 after buying an additional 811 shares during the period.

Schwab US Broad Market ETF Stock Performance

SCHB stock opened at $21.85 on Tuesday. Schwab US Broad Market ETF has a fifty-two week low of $19.14 and a fifty-two week high of $23.77. The stock’s 50 day simple moving average is $22.95 and its 200 day simple moving average is $22.71. The company has a market cap of $31.25 billion, a P/E ratio of 23.90 and a beta of 1.05.

Schwab US Broad Market ETF Company 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.