BetterWealth LLC Buys 13,130 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

BetterWealth LLC lifted its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 19,695 shares of the company’s stock after purchasing an additional 13,130 shares during the quarter. BetterWealth LLC’s holdings in Schwab US Broad Market ETF were worth $447,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of SCHB. Versant Capital Management Inc grew its stake in Schwab US Broad Market ETF by 201.0% during the fourth quarter. Versant Capital Management Inc now owns 14,004 shares of the company’s stock worth $318,000 after buying an additional 9,352 shares in the last quarter. Fulcrum Equity Management boosted its position in shares of Schwab US Broad Market ETF by 6.3% during the 3rd quarter. Fulcrum Equity Management now owns 11,192 shares of the company’s stock worth $744,000 after acquiring an additional 668 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in Schwab US Broad Market ETF in the third quarter valued at approximately $703,000. Franklin Resources Inc. increased its stake in Schwab US Broad Market ETF by 952.4% in the third quarter. Franklin Resources Inc. now owns 4,420 shares of the company’s stock valued at $294,000 after acquiring an additional 4,000 shares during the last quarter. Finally, Tudor Financial Inc. acquired a new position in Schwab US Broad Market ETF during the third quarter valued at approximately $996,000.

Schwab US Broad Market ETF Price Performance

NYSEARCA SCHB opened at $23.45 on Wednesday. Schwab US Broad Market ETF has a fifty-two week low of $18.75 and a fifty-two week high of $23.73. The business has a fifty day moving average price of $23.18 and a two-hundred day moving average price of $22.29. The stock has a market capitalization of $10.78 billion, a PE ratio of 25.24 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.