Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Acquired by Seed Wealth Management Inc.

Seed Wealth Management Inc. lifted its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 209,493 shares of the company’s stock after acquiring an additional 139,662 shares during the quarter. Schwab US Broad Market ETF accounts for approximately 3.8% of Seed Wealth Management Inc.’s investment portfolio, making the stock its 3rd biggest holding. Seed Wealth Management Inc.’s holdings in Schwab US Broad Market ETF were worth $4,755,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Burkett Financial Services LLC boosted its holdings in Schwab US Broad Market ETF by 1.4% in the 3rd quarter. Burkett Financial Services LLC now owns 13,482 shares of the company’s stock worth $897,000 after buying an additional 183 shares during the last quarter. Carnegie Investment Counsel lifted its position in shares of Schwab US Broad Market ETF by 1.5% in the third quarter. Carnegie Investment Counsel now owns 13,392 shares of the company’s stock valued at $891,000 after acquiring an additional 195 shares in the last quarter. Evanson Asset Management LLC boosted its stake in shares of Schwab US Broad Market ETF by 1.8% in the third quarter. Evanson Asset Management LLC now owns 11,285 shares of the company’s stock worth $751,000 after acquiring an additional 198 shares during the last quarter. Citizens Financial Group Inc. RI increased its position in shares of Schwab US Broad Market ETF by 1.8% during the second quarter. Citizens Financial Group Inc. RI now owns 12,820 shares of the company’s stock worth $809,000 after purchasing an additional 227 shares in the last quarter. Finally, Long Island Wealth Management Inc. raised its stake in Schwab US Broad Market ETF by 0.4% in the 2nd quarter. Long Island Wealth Management Inc. now owns 61,575 shares of the company’s stock valued at $3,871,000 after purchasing an additional 262 shares during the last quarter.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB stock opened at $22.54 on Tuesday. Schwab US Broad Market ETF has a fifty-two week low of $18.25 and a fifty-two week high of $23.73. The stock’s fifty day moving average is $23.12 and its two-hundred day moving average is $22.14. The firm has a market capitalization of $10.36 billion, a P/E ratio of 25.24 and a beta of 1.02.

Schwab US Broad Market ETF 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.