HighMark Wealth Management LLC lifted its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) by 200.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,546 shares of the company’s stock after acquiring an additional 1,700 shares during the period. HighMark Wealth Management LLC’s holdings in Schwab US Broad Market ETF were worth $58,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently made changes to their positions in SCHB. Maryland Capital Advisors Inc. increased its holdings in Schwab US Broad Market ETF by 200.0% during the 4th quarter. Maryland Capital Advisors Inc. now owns 1,161 shares of the company’s stock worth $26,000 after purchasing an additional 774 shares in the last quarter. Jackson Grant Investment Advisers Inc. boosted its position in shares of Schwab US Broad Market ETF by 201.0% during the fourth quarter. Jackson Grant Investment Advisers Inc. now owns 1,249 shares of the company’s stock valued at $28,000 after buying an additional 834 shares during the last quarter. Beacon Capital Management LLC grew its holdings in Schwab US Broad Market ETF by 200.2% during the fourth quarter. Beacon Capital Management LLC now owns 1,216 shares of the company’s stock worth $28,000 after buying an additional 811 shares in the last quarter. Albion Financial Group UT raised its position in Schwab US Broad Market ETF by 200.0% in the 4th quarter. Albion Financial Group UT now owns 1,260 shares of the company’s stock valued at $29,000 after buying an additional 840 shares during the last quarter. Finally, Global Financial Private Client LLC lifted its stake in Schwab US Broad Market ETF by 200.0% during the 4th quarter. Global Financial Private Client LLC now owns 1,332 shares of the company’s stock valued at $30,000 after acquiring an additional 888 shares in the last quarter.
Schwab US Broad Market ETF Price Performance
SCHB opened at $23.65 on Tuesday. Schwab US Broad Market ETF has a 1 year low of $19.14 and a 1 year high of $23.73. The company has a market capitalization of $10.87 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. The firm’s fifty day moving average price is $23.19 and its two-hundred day moving average price is $22.49.
About Schwab US Broad Market ETF
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.
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