Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Acquired by Red Tortoise LLC

Red Tortoise LLC increased its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 4.0% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 42,813 shares of the company’s stock after purchasing an additional 1,656 shares during the quarter. Schwab US Broad Market ETF makes up approximately 1.3% of Red Tortoise LLC’s investment portfolio, making the stock its 17th largest position. Red Tortoise LLC’s holdings in Schwab US Broad Market ETF were worth $2,383,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Moneta Group Investment Advisors LLC grew its holdings in Schwab US Broad Market ETF by 112,256.3% in 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 buying an additional 45,394,219 shares in the last quarter. Wealthfront Advisers LLC raised its stake in shares of Schwab US Broad Market ETF by 93.3% in the first quarter. Wealthfront Advisers LLC now owns 28,076,551 shares of the company’s stock valued at $1,499,007,000 after acquiring an additional 13,553,949 shares in the last quarter. Rebalance LLC raised its stake in shares of Schwab US Broad Market ETF by 0.7% in the third quarter. Rebalance LLC now owns 3,609,987 shares of the company’s stock valued at $179,958,000 after acquiring an additional 25,598 shares in the last quarter. Hengehold Capital Management LLC raised its stake in Schwab US Broad Market ETF by 1.0% in the fourth quarter. Hengehold Capital Management LLC now owns 3,015,692 shares of the company’s stock valued at $167,884,000 after buying an additional 30,118 shares in the last quarter. Finally, Bouchey Financial Group Ltd raised its stake in Schwab US Broad Market ETF by 11.0% in the fourth quarter. Bouchey Financial Group Ltd now owns 2,393,274 shares of the company’s stock valued at $133,234,000 after buying an additional 237,905 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

Shares of SCHB traded down $0.31 during midday trading on Wednesday, reaching $58.17. 988,244 shares of the stock were exchanged, compared to its average volume of 866,348. Schwab US Broad Market ETF has a twelve month low of $46.92 and a twelve month high of $61.18. The business’s 50-day moving average price is $59.55 and its 200 day moving average price is $55.38. The company has a market capitalization of $26.68 billion, a price-to-earnings ratio of 24.49 and a beta of 1.03.

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.