Greenspring Advisors LLC Invests $1.26 Million in Schwab US Broad Market ETF $SCHB

Greenspring Advisors LLC acquired a new position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 48,080 shares of the company’s stock, valued at approximately $1,261,000.

Other large investors also recently modified their holdings of the company. Financial Life Planners acquired a new stake in shares of Schwab US Broad Market ETF during the third quarter worth $27,000. Wiser Advisor Group LLC acquired a new stake in shares of Schwab US Broad Market ETF during the third quarter worth $29,000. LRI Investments LLC acquired a new stake in shares of Schwab US Broad Market ETF during the fourth quarter worth $35,000. Basepoint Wealth LLC acquired a new stake in shares of Schwab US Broad Market ETF during the fourth quarter worth $38,000. Finally, Godfrey Financial Associates Inc. acquired a new stake in Schwab US Broad Market ETF in the fourth quarter worth $51,000.

Schwab US Broad Market ETF Trading Down 0.7%

NYSEARCA:SCHB opened at $29.11 on Thursday. The stock has a market capitalization of $43.04 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. The firm has a fifty day simple moving average of $27.35 and a two-hundred day simple moving average of $26.67. Schwab US Broad Market ETF has a 12 month low of $22.81 and a 12 month high of $29.35.

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.