Avior Wealth Management LLC Acquires 677,956 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Avior Wealth Management LLC boosted its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 195.2% in the fourth quarter, HoldingsChannel reports. The fund owned 1,025,285 shares of the company’s stock after acquiring an additional 677,956 shares during the period. Schwab US Broad Market ETF accounts for 0.9% of Avior Wealth Management LLC’s portfolio, making the stock its 28th biggest holding. Avior Wealth Management LLC’s holdings in Schwab US Broad Market ETF were worth $23,274,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. HB Wealth Management LLC lifted its holdings in shares of Schwab US Broad Market ETF by 192.5% during the fourth quarter. HB Wealth Management LLC now owns 6,505,668 shares of the company’s stock valued at $147,681,000 after purchasing an additional 4,281,591 shares during the last quarter. Ballentine Partners LLC grew its stake in shares of Schwab US Broad Market ETF by 192.7% in the 4th quarter. Ballentine Partners LLC now owns 3,122,833 shares of the company’s stock worth $70,888,000 after buying an additional 2,055,961 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC increased its position in Schwab US Broad Market ETF by 195.7% during the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 2,752,318 shares of the company’s stock valued at $62,478,000 after buying an additional 1,821,631 shares in the last quarter. Myecfo LLC raised its stake in Schwab US Broad Market ETF by 206.4% during the fourth quarter. Myecfo LLC now owns 2,270,249 shares of the company’s stock valued at $51,539,000 after buying an additional 1,529,275 shares during the last quarter. Finally, Winthrop Advisory Group LLC boosted its holdings in Schwab US Broad Market ETF by 270.0% in the fourth quarter. Winthrop Advisory Group LLC now owns 1,476,379 shares of the company’s stock worth $33,514,000 after acquiring an additional 1,077,345 shares in the last quarter.

Schwab US Broad Market ETF Trading Up 0.5 %

NYSEARCA SCHB opened at $23.54 on Thursday. The stock’s fifty day moving average price is $23.13 and its 200-day moving average price is $22.22. The stock has a market cap of $10.82 billion, a P/E 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 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.