Valmark Advisers Inc. Acquires 192,405 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Valmark Advisers Inc. raised its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 192.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 292,379 shares of the company’s stock after acquiring an additional 192,405 shares during the period. Valmark Advisers Inc. owned approximately 0.06% of Schwab US Broad Market ETF worth $6,637,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Versant Capital Management Inc boosted 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 worth $318,000 after acquiring an additional 9,352 shares during the period. Fulcrum Equity Management boosted its holdings in shares of Schwab US Broad Market ETF by 6.3% during the third quarter. Fulcrum Equity Management now owns 11,192 shares of the company’s stock worth $744,000 after acquiring an additional 668 shares during the period. Wilmington Savings Fund Society FSB bought a new stake in shares of Schwab US Broad Market ETF during the third quarter worth approximately $703,000. Franklin Resources Inc. boosted its holdings in shares of Schwab US Broad Market ETF by 952.4% during 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. bought a new stake in shares of Schwab US Broad Market ETF during the third quarter worth approximately $996,000.

Schwab US Broad Market ETF Stock Up 0.0 %

Shares of NYSEARCA:SCHB opened at $23.65 on Friday. Schwab US Broad Market ETF has a 12-month low of $19.14 and a 12-month high of $23.73. The stock has a market cap of $10.87 billion, a PE ratio of 25.24 and a beta of 1.02. The business has a 50 day moving average of $23.19 and a 200-day moving average of $22.48.

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.