Farther Finance Advisors LLC Buys 144,298 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Farther Finance Advisors LLC lifted its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 361.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 184,231 shares of the company’s stock after acquiring an additional 144,298 shares during the period. Farther Finance Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $4,182,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Hollencrest Capital Management boosted its holdings in shares of Schwab US Broad Market ETF by 200.0% in the fourth quarter. Hollencrest Capital Management now owns 6,075 shares of the company’s stock worth $138,000 after acquiring an additional 4,050 shares during the period. EverSource Wealth Advisors LLC boosted its holdings in shares of Schwab US Broad Market ETF by 203.2% in the fourth quarter. EverSource Wealth Advisors LLC now owns 7,005 shares of the company’s stock worth $159,000 after acquiring an additional 4,695 shares during the period. Sequoia Financial Advisors LLC boosted its holdings in shares of Schwab US Broad Market ETF by 200.8% in the fourth quarter. Sequoia Financial Advisors LLC now owns 530,154 shares of the company’s stock worth $12,034,000 after acquiring an additional 353,897 shares during the period. PFG Advisors boosted its holdings in shares of Schwab US Broad Market ETF by 202.7% in the fourth quarter. PFG Advisors now owns 256,568 shares of the company’s stock worth $5,824,000 after acquiring an additional 171,817 shares during the period. Finally, Summit X LLC raised its position in shares of Schwab US Broad Market ETF by 200.0% in the fourth quarter. Summit X LLC now owns 10,278 shares of the company’s stock worth $233,000 after buying an additional 6,852 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB stock opened at $21.52 on Thursday. Schwab US Broad Market ETF has a 52-week low of $19.14 and a 52-week high of $23.77. The company has a market capitalization of $30.77 billion, a PE ratio of 23.90 and a beta of 1.05. The business’s fifty day moving average is $23.03 and its 200 day moving average is $22.70.

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.