1,061,256 Shares of Schwab US Broad Market ETF $SCHB Acquired by Retirement Planning Group LLC

Retirement Planning Group LLC purchased a new stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) during the third quarter, HoldingsChannel reports. The institutional investor purchased 1,061,256 shares of the company’s stock, valued at approximately $31,105,000. Schwab US Broad Market ETF makes up about 0.7% of Retirement Planning Group LLC’s investment portfolio, making the stock its 19th largest position.

Other institutional investors have also added to or reduced their stakes in the company. Hengehold Capital Management LLC bought a new stake in shares of Schwab US Broad Market ETF in the 3rd quarter worth $222,931,000. Forvis Mazars Wealth Advisors LLC purchased a new stake in shares of Schwab US Broad Market ETF during the third quarter valued at $175,355,000. Cliftonlarsonallen Wealth Advisors LLC bought a new stake in Schwab US Broad Market ETF in the 3rd quarter worth about $72,509,000. Legacy Private Trust Co. bought a new stake in Schwab US Broad Market ETF in the 3rd quarter worth about $36,626,000. Finally, Quantinno Capital Management LP increased its holdings in Schwab US Broad Market ETF by 39.6% in the 1st quarter. Quantinno Capital Management LP now owns 2,783,258 shares of the company’s stock worth $69,860,000 after buying an additional 790,102 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

Shares of NYSEARCA:SCHB opened at $29.40 on Tuesday. Schwab US Broad Market ETF has a fifty-two week low of $24.28 and a fifty-two week high of $30.15. The business has a 50-day simple moving average of $29.61 and a two-hundred day simple moving average of $28.77. The firm has a market cap of $44.61 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02.

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.