Foundations Investment Advisors LLC Acquires New Stake in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Foundations Investment Advisors LLC bought a new stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 18,270 shares of the company’s stock, valued at approximately $415,000.

Several other institutional investors have also recently added to or reduced their stakes in the company. Hengehold Capital Management LLC raised its position in shares of Schwab US Broad Market ETF by 192.6% in the fourth quarter. Hengehold Capital Management LLC now owns 8,942,406 shares of the company’s stock valued at $202,993,000 after buying an additional 5,886,366 shares during the last quarter. HB Wealth Management LLC grew its stake in Schwab US Broad Market ETF by 192.5% in the 4th quarter. HB Wealth Management LLC now owns 6,505,668 shares of the company’s stock worth $147,681,000 after acquiring an additional 4,281,591 shares during the period. Summit Financial Strategies Inc. raised its holdings in Schwab US Broad Market ETF by 192.0% in the 4th quarter. Summit Financial Strategies Inc. now owns 4,053,079 shares of the company’s stock valued at $92,005,000 after acquiring an additional 2,665,067 shares during the last quarter. Ballentine Partners LLC lifted its stake in shares of Schwab US Broad Market ETF by 192.7% during the 4th quarter. Ballentine Partners LLC now owns 3,122,833 shares of the company’s stock worth $70,888,000 after purchasing an additional 2,055,961 shares during the period. Finally, Cliftonlarsonallen Wealth Advisors LLC boosted its holdings in shares of Schwab US Broad Market ETF by 195.7% during the fourth quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 2,752,318 shares of the company’s stock worth $62,478,000 after purchasing an additional 1,821,631 shares during the last quarter.

Schwab US Broad Market ETF Stock Up 0.6 %

Shares of NYSEARCA:SCHB opened at $23.50 on Friday. The business has a fifty day simple moving average of $23.19 and a 200-day simple moving average of $22.30. Schwab US Broad Market ETF has a 52 week low of $18.75 and a 52 week high of $23.73. The company has a market cap of $10.80 billion, a P/E ratio of 25.24 and a beta of 1.02.

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.