Nwam LLC Buys New Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Nwam LLC bought a new stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 7,204 shares of the company’s stock, valued at approximately $438,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Larson Financial Group LLC boosted its position in shares of Schwab US Broad Market ETF by 3.7% during the 1st quarter. Larson Financial Group LLC now owns 4,776 shares of the company’s stock valued at $292,000 after purchasing an additional 170 shares in the last quarter. Valeo Financial Advisors LLC boosted its position in shares of Schwab US Broad Market ETF by 4.1% during the 1st quarter. Valeo Financial Advisors LLC now owns 4,708 shares of the company’s stock valued at $277,000 after purchasing an additional 185 shares in the last quarter. Hendershot Investments Inc. boosted its holdings in Schwab US Broad Market ETF by 0.7% in the first quarter. Hendershot Investments Inc. now owns 28,063 shares of the company’s stock worth $1,713,000 after acquiring an additional 186 shares in the last quarter. Foster Victor Wealth Advisors LLC boosted its holdings in Schwab US Broad Market ETF by 2.5% in the first quarter. Foster Victor Wealth Advisors LLC now owns 7,874 shares of the company’s stock worth $475,000 after acquiring an additional 190 shares in the last quarter. Finally, Evolution Advisers Inc. boosted its holdings in Schwab US Broad Market ETF by 33.8% in the fourth quarter. Evolution Advisers Inc. now owns 756 shares of the company’s stock worth $42,000 after acquiring an additional 191 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

Shares of NYSEARCA:SCHB opened at $63.66 on Friday. The business’s 50 day simple moving average is $62.66 and its two-hundred day simple moving average is $59.98. The firm has a market cap of $29.26 billion, a P/E ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a 52-week low of $47.46 and a 52-week high of $65.57.

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.