BCS Wealth Management Buys Shares of 140,688 Schwab US Broad Market ETF (NYSEARCA:SCHB)

BCS Wealth Management purchased a new position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 140,688 shares of the company’s stock, valued at approximately $3,194,000.

Several other large investors also recently added to or reduced their stakes in the company. AdvisorNet Financial Inc grew its position in shares of Schwab US Broad Market ETF by 200.6% in the fourth quarter. AdvisorNet Financial Inc now owns 32,439 shares of the company’s stock valued at $736,000 after purchasing an additional 21,647 shares in the last quarter. Sentinel Pension Advisors Inc. boosted its stake in Schwab US Broad Market ETF by 200.0% in the 4th quarter. Sentinel Pension Advisors Inc. now owns 10,104 shares of the company’s stock worth $229,000 after purchasing an additional 6,736 shares during the period. Sightline Wealth Advisors LLC grew its holdings in Schwab US Broad Market ETF by 202.5% during the 4th quarter. Sightline Wealth Advisors LLC now owns 24,209 shares of the company’s stock valued at $550,000 after buying an additional 16,206 shares in the last quarter. Noble Family Wealth LLC increased its position in shares of Schwab US Broad Market ETF by 199.5% during the fourth quarter. Noble Family Wealth LLC now owns 22,276 shares of the company’s stock valued at $507,000 after buying an additional 14,838 shares during the period. Finally, Miracle Mile Advisors LLC lifted its holdings in shares of Schwab US Broad Market ETF by 81.7% in the fourth quarter. Miracle Mile Advisors LLC now owns 31,086 shares of the company’s stock worth $706,000 after buying an additional 13,981 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

Shares of NYSEARCA:SCHB opened at $22.54 on Tuesday. The company has a market cap of $10.36 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a one year low of $18.25 and a one year high of $23.73. The firm has a fifty day moving average price of $23.12 and a two-hundred day moving average price of $22.14.

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.