Fonville Wealth Management LLC Takes Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Fonville Wealth Management LLC acquired a new stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 22,912 shares of the company’s stock, valued at approximately $1,276,000.

Several other institutional investors have also recently modified their holdings of SCHB. Moneta Group Investment Advisors LLC increased its position in shares of Schwab US Broad Market ETF by 112,256.3% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 45,434,657 shares of the company’s stock valued at $2,035,927,000 after purchasing an additional 45,394,219 shares during the last quarter. Wealthfront Advisers LLC grew its position in Schwab US Broad Market ETF by 93.3% during the 1st quarter. Wealthfront Advisers LLC now owns 28,076,551 shares of the company’s stock worth $1,499,007,000 after acquiring an additional 13,553,949 shares during the last quarter. Mariner LLC grew its position in Schwab US Broad Market ETF by 254.7% during the 1st quarter. Mariner LLC now owns 1,348,142 shares of the company’s stock worth $71,977,000 after acquiring an additional 968,088 shares during the last quarter. HighTower Advisors LLC grew its position in Schwab US Broad Market ETF by 74.8% during the 3rd quarter. HighTower Advisors LLC now owns 1,822,524 shares of the company’s stock worth $90,783,000 after acquiring an additional 779,722 shares during the last quarter. Finally, Compass Advisory Group LLC grew its position in Schwab US Broad Market ETF by 384.5% during the 4th quarter. Compass Advisory Group LLC now owns 730,442 shares of the company’s stock worth $40,664,000 after acquiring an additional 579,689 shares during the last quarter.

Schwab US Broad Market ETF Stock Performance

SCHB traded down $0.14 on Thursday, hitting $58.03. 1,036,339 shares of the company were exchanged, compared to its average volume of 868,615. The stock has a market capitalization of $26.62 billion, a PE ratio of 24.49 and a beta of 1.03. Schwab US Broad Market ETF has a 12 month low of $46.92 and a 12 month high of $61.18. The firm has a fifty day simple moving average of $59.56 and a two-hundred day simple moving average of $55.40.

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.