C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Buys New Stake in Schwab US Broad Market ETF (NYSEARCA:SCHB)

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 10,659 shares of the company’s stock, valued at approximately $651,000.

Several other large investors have also recently added to or reduced their stakes in SCHB. Creative Financial Designs Inc. ADV increased its position in Schwab US Broad Market ETF by 55.3% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 621 shares of the company’s stock valued at $35,000 after acquiring an additional 221 shares during the period. BKM Wealth Management LLC acquired a new position in shares of Schwab US Broad Market ETF during the 4th quarter valued at $41,000. Bfsg LLC acquired a new position in shares of Schwab US Broad Market ETF during the 4th quarter valued at $41,000. Johnson Financial Group Inc. increased its position in shares of Schwab US Broad Market ETF by 76.3% during the 4th quarter. Johnson Financial Group Inc. now owns 737 shares of the company’s stock valued at $41,000 after purchasing an additional 319 shares during the period. Finally, Evolution Advisers Inc. increased its position in shares of Schwab US Broad Market ETF by 33.8% during the 4th quarter. Evolution Advisers Inc. now owns 756 shares of the company’s stock valued at $42,000 after purchasing an additional 191 shares during the period.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB stock traded up $0.61 during mid-day trading on Wednesday, hitting $64.64. 542,673 shares of the stock traded hands, compared to its average volume of 797,509. Schwab US Broad Market ETF has a twelve month low of $47.46 and a twelve month high of $64.64. The firm has a market cap of $29.72 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. The company’s 50-day simple moving average is $61.78 and its 200-day simple moving average is $59.44.

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.