Leo Wealth LLC Makes New $2.97 Million Investment in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Leo Wealth LLC purchased a new position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHBFree Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 49,974 shares of the company’s stock, valued at approximately $2,968,000.

A number of other hedge funds also recently made changes to their positions in SCHB. Evolution Advisers Inc. raised its stake in shares of Schwab US Broad Market ETF by 33.8% during the fourth quarter. Evolution Advisers Inc. now owns 756 shares of the company’s stock valued at $42,000 after purchasing an additional 191 shares during the period. Capital Investment Advisors LLC raised its position in shares of Schwab US Broad Market ETF by 4.1% during the 4th quarter. Capital Investment Advisors LLC now owns 4,888 shares of the company’s stock worth $272,000 after buying an additional 192 shares in the last quarter. Kades & Cheifetz LLC lifted its position in Schwab US Broad Market ETF by 2.8% in the fourth quarter. Kades & Cheifetz LLC now owns 8,215 shares of the company’s stock worth $457,000 after purchasing an additional 220 shares during the period. Creative Financial Designs Inc. ADV raised its position in Schwab US Broad Market ETF by 55.3% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 621 shares of the company’s stock worth $35,000 after acquiring an additional 221 shares in the last quarter. Finally, Hendershot Investments Inc. boosted its position in shares of Schwab US Broad Market ETF by 0.8% during the 4th quarter. Hendershot Investments Inc. now owns 27,877 shares of the company’s stock valued at $1,552,000 after purchasing an additional 225 shares in the last quarter.

Schwab US Broad Market ETF Trading Up 0.7 %

Shares of NYSEARCA SCHB traded up $0.44 during midday trading on Monday, reaching $63.08. The company’s stock had a trading volume of 582,133 shares, compared to its average volume of 821,609. Schwab US Broad Market ETF has a one year low of $47.46 and a one year high of $63.26. The company has a market cap of $29.00 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. The company has a 50 day moving average price of $60.42 and a 200 day moving average price of $58.41.

Schwab US Broad Market ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Schwab US Broad Market ETF (NYSEARCA:SCHB)

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