DecisionMap Wealth Management LLC Takes Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

DecisionMap Wealth Management LLC bought a new stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 34,212 shares of the company’s stock, valued at approximately $777,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in SCHB. Rebalance LLC lifted its position in shares of Schwab US Broad Market ETF by 199.9% during the 4th quarter. Rebalance LLC now owns 11,471,005 shares of the company’s stock valued at $260,392,000 after buying an additional 7,646,591 shares in the last quarter. Hengehold Capital Management LLC lifted its holdings in Schwab US Broad Market ETF by 192.6% in the 4th quarter. Hengehold Capital Management LLC now owns 8,942,406 shares of the company’s stock valued at $202,993,000 after purchasing an additional 5,886,366 shares in the last quarter. Strid Group LLC lifted its holdings in Schwab US Broad Market ETF by 197.8% in the 4th quarter. Strid Group LLC now owns 8,530,226 shares of the company’s stock valued at $193,636,000 after purchasing an additional 5,666,068 shares in the last quarter. Bouchey Financial Group Ltd lifted its holdings in Schwab US Broad Market ETF by 213.4% in the 4th quarter. Bouchey Financial Group Ltd now owns 8,165,768 shares of the company’s stock valued at $185,363,000 after purchasing an additional 5,560,636 shares in the last quarter. Finally, HighTower Advisors LLC lifted its holdings in Schwab US Broad Market ETF by 206.2% in the 4th quarter. HighTower Advisors LLC now owns 8,146,204 shares of the company’s stock valued at $184,919,000 after purchasing an additional 5,485,579 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB stock opened at $21.52 on Thursday. The stock’s fifty day moving average is $23.03 and its two-hundred day moving average is $22.70. The firm has a market capitalization of $30.77 billion, a P/E ratio of 23.90 and a beta of 1.05. Schwab US Broad Market ETF has a fifty-two week low of $19.14 and a fifty-two week high of $23.77.

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.