Modera Wealth Management LLC purchased a new stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) during the third quarter, Holdings Channel reports. The fund purchased 83,771 shares of the company’s stock, valued at approximately $2,455,000.
A number of other large investors have also recently bought and sold shares of SCHB. Forvis Mazars Wealth Advisors LLC acquired a new stake in Schwab US Broad Market ETF during the third quarter worth approximately $175,355,000. Capital & Planning LLC bought a new stake in Schwab US Broad Market ETF in the second quarter worth approximately $875,000. Allworth Financial LP lifted its stake in Schwab US Broad Market ETF by 6.2% in the second quarter. Allworth Financial LP now owns 1,809,502 shares of the company’s stock valued at $52,403,000 after buying an additional 106,193 shares during the period. First Heartland Consultants Inc. acquired a new position in Schwab US Broad Market ETF in the third quarter valued at approximately $823,000. Finally, Davidson Kahn Capital Management LLC lifted its stake in Schwab US Broad Market ETF by 17.3% in the third quarter. Davidson Kahn Capital Management LLC now owns 808,109 shares of the company’s stock valued at $23,686,000 after buying an additional 119,426 shares during the period.
Schwab US Broad Market ETF Stock Performance
Schwab US Broad Market ETF stock opened at $29.07 on Monday. The stock has a market capitalization of $44.20 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 52-week low of $24.28 and a 52-week high of $30.15. The stock’s 50 day moving average price is $29.55 and its two-hundred day moving average price is $28.12.
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.
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