WLTH Capital Management LLC bought a new stake in Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) during the fourth quarter, Holdings Channel.com reports. The fund bought 42,017 shares of the company’s stock, valued at approximately $1,106,000. Schwab US Broad Market ETF makes up about 0.9% of WLTH Capital Management LLC’s portfolio, making the stock its 21st largest position.
A number of other hedge funds have also recently modified their holdings of the stock. Financial Life Planners purchased a new stake in Schwab US Broad Market ETF in the third quarter valued at $27,000. Birchwood Financial Partners Inc. acquired a new position in Schwab US Broad Market ETF in the fourth quarter valued at $28,000. Wiser Advisor Group LLC acquired a new position in Schwab US Broad Market ETF in the third quarter valued at $29,000. LRI Investments LLC purchased a new position in shares of Schwab US Broad Market ETF during the fourth quarter worth about $35,000. Finally, Basepoint Wealth LLC purchased a new position in shares of Schwab US Broad Market ETF during the fourth quarter worth about $38,000.
Schwab US Broad Market ETF Stock Performance
SCHB opened at $28.97 on Friday. The business’s 50-day simple moving average is $28.14 and its 200-day simple moving average is $26.90. Schwab US Broad Market ETF has a one year low of $22.88 and a one year high of $29.35. The stock has a market capitalization of $42.84 billion, a P/E ratio of 25.08 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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.
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Want to see what other hedge funds are holding SCHB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report).
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