Forvis Mazars Wealth Advisors LLC Buys 5,982,754 Shares of Schwab US Broad Market ETF $SCHB

Forvis Mazars Wealth Advisors LLC bought a new position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor bought 5,982,754 shares of the company’s stock, valued at approximately $175,355,000. Schwab US Broad Market ETF accounts for about 2.9% of Forvis Mazars Wealth Advisors LLC’s investment portfolio, making the stock its 5th biggest position.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Hanson & Doremus Investment Management grew its position in shares of Schwab US Broad Market ETF by 0.5% in the 1st quarter. Hanson & Doremus Investment Management now owns 7,041,153 shares of the company’s stock valued at $176,733,000 after buying an additional 33,281 shares during the last quarter. Evergreen Advisors LLC increased its stake in shares of Schwab US Broad Market ETF by 1.8% in the first quarter. Evergreen Advisors LLC now owns 6,280,152 shares of the company’s stock valued at $157,632,000 after buying an additional 112,717 shares during the period. HHM Wealth Advisors LLC raised its position in shares of Schwab US Broad Market ETF by 2.2% during the first quarter. HHM Wealth Advisors LLC now owns 5,146,591 shares of the company’s stock worth $129,179,000 after acquiring an additional 108,943 shares during the last quarter. Mariner LLC raised its position in shares of Schwab US Broad Market ETF by 3.8% during the fourth quarter. Mariner LLC now owns 4,454,313 shares of the company’s stock worth $116,847,000 after acquiring an additional 164,384 shares during the last quarter. Finally, Captrust Financial Advisors raised its position in shares of Schwab US Broad Market ETF by 25.1% during the fourth quarter. Captrust Financial Advisors now owns 4,236,900 shares of the company’s stock worth $111,134,000 after acquiring an additional 849,417 shares during the last quarter.

Schwab US Broad Market ETF Price Performance

Shares of Schwab US Broad Market ETF stock traded down $0.03 during midday trading on Tuesday, reaching $29.85. The company had a trading volume of 7,514,141 shares, compared to its average volume of 9,100,331. The stock has a fifty day moving average price of $29.64 and a 200 day moving average price of $28.61. The firm has a market cap of $45.25 billion, a PE ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a fifty-two week low of $24.28 and a fifty-two week high of $30.15.

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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.