Stewardship Concepts Financial Services LLC Acquires New Stake in Schwab US Broad Market ETF $SCHB

Stewardship Concepts Financial Services LLC acquired a new stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 20,500 shares of the company’s stock, valued at approximately $539,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Brighton Jones LLC boosted its stake in shares of Schwab US Broad Market ETF by 1,209.6% during the fourth quarter. Brighton Jones LLC now owns 228,625 shares of the company’s stock valued at $5,190,000 after purchasing an additional 211,168 shares during the period. Revolve Wealth Partners LLC grew its holdings in shares of Schwab US Broad Market ETF by 197.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 21,510 shares of the company’s stock worth $488,000 after purchasing an additional 14,279 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in Schwab US Broad Market ETF by 50.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,549,572 shares of the company’s stock worth $33,362,000 after buying an additional 518,984 shares during the period. Schnieders Capital Management LLC. purchased a new position in Schwab US Broad Market ETF in the 2nd quarter worth about $218,000. Finally, Franklin Resources Inc. lifted its holdings in Schwab US Broad Market ETF by 85.2% during the 2nd quarter. Franklin Resources Inc. now owns 24,880 shares of the company’s stock valued at $593,000 after buying an additional 11,445 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

Schwab US Broad Market ETF stock opened at $25.33 on Friday. The stock has a market cap of $37.25 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 1 year low of $18.52 and a 1 year high of $26.94. The firm has a 50-day moving average of $26.07 and a two-hundred day moving average of $26.09.

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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.