Schwab US Broad Market ETF $SCHB Stock Purchased by IFP Advisors Inc

IFP Advisors Inc boosted its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 14.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 689,089 shares of the company’s stock after purchasing an additional 87,531 shares during the quarter. IFP Advisors Inc’s holdings in Schwab US Broad Market ETF were worth $20,197,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Hengehold Capital Management LLC acquired a new stake in Schwab US Broad Market ETF in the 3rd quarter valued at about $222,931,000. Hanson & Doremus Investment Management boosted its stake in shares of Schwab US Broad Market ETF by 1.3% in the 3rd quarter. Hanson & Doremus Investment Management now owns 7,130,203 shares of the company’s stock valued at $208,986,000 after buying an additional 94,860 shares during the period. Evergreen Advisors LLC grew its position in shares of Schwab US Broad Market ETF by 1.8% during the first quarter. Evergreen Advisors LLC now owns 6,280,152 shares of the company’s stock worth $157,632,000 after buying an additional 112,717 shares in the last quarter. Forvis Mazars Wealth Advisors LLC acquired a new position in shares of Schwab US Broad Market ETF during the third quarter worth about $175,355,000. Finally, HHM Wealth Advisors LLC grew 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 buying an additional 108,943 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

SCHB stock opened at $29.28 on Friday. The company’s 50 day moving average price is $29.62 and its 200 day moving average price is $28.71. Schwab US Broad Market ETF has a fifty-two week low of $24.28 and a fifty-two week high of $30.15. The firm has a market capitalization of $44.43 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02.

About Schwab US Broad Market ETF

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.