BlueStem Wealth Partners LLC Takes Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

BlueStem Wealth Partners LLC acquired a new stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 46,144 shares of the company’s stock, valued at approximately $1,047,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Maryland Capital Advisors Inc. increased its position in shares of Schwab US Broad Market ETF by 200.0% during the fourth quarter. Maryland Capital Advisors Inc. now owns 1,161 shares of the company’s stock worth $26,000 after purchasing an additional 774 shares in the last quarter. Wiser Advisor Group LLC increased its position in shares of Schwab US Broad Market ETF by 200.8% during the fourth quarter. Wiser Advisor Group LLC now owns 1,176 shares of the company’s stock worth $27,000 after purchasing an additional 785 shares in the last quarter. Jackson Grant Investment Advisers Inc. increased its position in shares of Schwab US Broad Market ETF by 201.0% during the fourth quarter. Jackson Grant Investment Advisers Inc. now owns 1,249 shares of the company’s stock worth $28,000 after purchasing an additional 834 shares in the last quarter. Beacon Capital Management LLC increased its position in shares of Schwab US Broad Market ETF by 200.2% during the fourth quarter. Beacon Capital Management LLC now owns 1,216 shares of the company’s stock worth $28,000 after purchasing an additional 811 shares in the last quarter. Finally, Albion Financial Group UT increased its position in shares of Schwab US Broad Market ETF by 200.0% during the fourth quarter. Albion Financial Group UT now owns 1,260 shares of the company’s stock worth $29,000 after purchasing an additional 840 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB opened at $22.92 on Friday. Schwab US Broad Market ETF has a one year low of $19.14 and a one year high of $23.77. The stock has a market capitalization of $32.78 billion, a price-to-earnings ratio of 25.96 and a beta of 1.04. The stock has a 50 day moving average price of $23.19 and a 200 day moving average price of $22.67.

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.