Planning Center Inc. Grows Stake in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Planning Center Inc. raised its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 103.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,954 shares of the company’s stock after purchasing an additional 7,594 shares during the period. Planning Center Inc.’s holdings in Schwab US Broad Market ETF were worth $339,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of the stock. Burkett Financial Services LLC raised its holdings in Schwab US Broad Market ETF by 1.4% during the 3rd quarter. Burkett Financial Services LLC now owns 13,482 shares of the company’s stock valued at $897,000 after buying an additional 183 shares during the period. Carnegie Investment Counsel increased its position in Schwab US Broad Market ETF by 1.5% during the third quarter. Carnegie Investment Counsel now owns 13,392 shares of the company’s stock valued at $891,000 after acquiring an additional 195 shares during the last quarter. Evanson Asset Management LLC raised its stake in shares of Schwab US Broad Market ETF by 1.8% in the third quarter. Evanson Asset Management LLC now owns 11,285 shares of the company’s stock valued at $751,000 after acquiring an additional 198 shares during the period. Valeo Financial Advisors LLC lifted its holdings in shares of Schwab US Broad Market ETF by 5.6% in the 3rd quarter. Valeo Financial Advisors LLC now owns 5,489 shares of the company’s stock worth $365,000 after acquiring an additional 292 shares during the last quarter. Finally, Apella Capital LLC boosted its stake in shares of Schwab US Broad Market ETF by 6.5% during the 3rd quarter. Apella Capital LLC now owns 6,143 shares of the company’s stock worth $405,000 after purchasing an additional 375 shares during the period.

Schwab US Broad Market ETF Trading Up 0.8 %

Shares of NYSEARCA:SCHB opened at $23.45 on Wednesday. Schwab US Broad Market ETF has a 12 month low of $18.75 and a 12 month high of $23.73. The company has a market capitalization of $10.78 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. The firm’s 50-day moving average is $23.18 and its 200 day moving average is $22.29.

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.