Schwab US Broad Market ETF (NYSEARCA:SCHB) Stock Position Increased by Motive Wealth Advisors

Motive Wealth Advisors lifted its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.0% in the 4th quarter, Holdings Channel.com reports. The firm owned 479,748 shares of the company’s stock after buying an additional 319,832 shares during the quarter. Schwab US Broad Market ETF makes up 5.8% of Motive Wealth Advisors’ holdings, making the stock its 5th largest holding. Motive Wealth Advisors’ holdings in Schwab US Broad Market ETF were worth $10,890,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of SCHB. Versant Capital Management Inc lifted its holdings in shares of Schwab US Broad Market ETF by 201.0% during the fourth quarter. Versant Capital Management Inc now owns 14,004 shares of the company’s stock valued at $318,000 after purchasing an additional 9,352 shares in the last quarter. Fulcrum Equity Management lifted its stake in Schwab US Broad Market ETF by 6.3% during the 3rd quarter. Fulcrum Equity Management now owns 11,192 shares of the company’s stock valued at $744,000 after acquiring an additional 668 shares during the period. Wilmington Savings Fund Society FSB purchased a new stake in shares of Schwab US Broad Market ETF during the 3rd quarter valued at about $703,000. Franklin Resources Inc. grew its stake in shares of Schwab US Broad Market ETF by 952.4% in the third quarter. Franklin Resources Inc. now owns 4,420 shares of the company’s stock worth $294,000 after acquiring an additional 4,000 shares during the period. Finally, Tudor Financial Inc. purchased a new position in shares of Schwab US Broad Market ETF during the third quarter valued at approximately $996,000.

Schwab US Broad Market ETF Trading Up 0.6 %

NYSEARCA:SCHB opened at $23.67 on Friday. The company has a 50 day simple moving average of $23.13 and a two-hundred day simple moving average of $22.23. The company has a market cap of $10.88 billion, a PE ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a 12 month low of $18.75 and a 12 month high of $23.73.

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.