Avior Wealth Management LLC Purchases 677,956 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Avior Wealth Management LLC grew its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 195.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,025,285 shares of the company’s stock after acquiring an additional 677,956 shares during the period. Schwab US Broad Market ETF comprises 0.9% of Avior Wealth Management LLC’s portfolio, making the stock its 28th largest position. Avior Wealth Management LLC owned 0.22% of Schwab US Broad Market ETF worth $23,274,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. HB Wealth Management LLC increased its position in Schwab US Broad Market ETF by 192.5% during the 4th quarter. HB Wealth Management LLC now owns 6,505,668 shares of the company’s stock valued at $147,681,000 after purchasing an additional 4,281,591 shares during the period. Ballentine Partners LLC boosted its stake in shares of Schwab US Broad Market ETF by 192.7% during the 4th quarter. Ballentine Partners LLC now owns 3,122,833 shares of the company’s stock valued at $70,888,000 after purchasing an additional 2,055,961 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC increased its position in shares of Schwab US Broad Market ETF by 195.7% during the fourth quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 2,752,318 shares of the company’s stock valued at $62,478,000 after buying an additional 1,821,631 shares during the period. Myecfo LLC raised its stake in Schwab US Broad Market ETF by 206.4% in the fourth quarter. Myecfo LLC now owns 2,270,249 shares of the company’s stock worth $51,539,000 after buying an additional 1,529,275 shares in the last quarter. Finally, Winthrop Advisory Group LLC lifted its holdings in Schwab US Broad Market ETF by 270.0% in the fourth quarter. Winthrop Advisory Group LLC now owns 1,476,379 shares of the company’s stock worth $33,514,000 after buying an additional 1,077,345 shares during the period.

Schwab US Broad Market ETF Stock Performance

SCHB stock opened at $23.54 on Thursday. Schwab US Broad Market ETF has a fifty-two week low of $18.75 and a fifty-two week high of $23.73. The company has a market capitalization of $10.82 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. The business’s 50 day moving average price is $23.13 and its two-hundred day moving average price is $22.22.

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.