Global Retirement Partners LLC Increases Stake in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Global Retirement Partners LLC boosted its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 199.2% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 140,530 shares of the company’s stock after purchasing an additional 93,564 shares during the quarter. Global Retirement Partners LLC’s holdings in Schwab US Broad Market ETF were worth $3,190,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Valeo Financial Advisors LLC grew its position in Schwab US Broad Market ETF by 200.0% during the 4th quarter. Valeo Financial Advisors LLC now owns 16,468 shares of the company’s stock valued at $374,000 after purchasing an additional 10,979 shares during the last quarter. Versant Capital Management Inc grew its position in Schwab US Broad Market ETF by 201.0% during the 4th 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 during the last quarter. Pinnacle Wealth Management Advisory Group LLC grew its position in Schwab US Broad Market ETF by 194.3% during the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 25,146 shares of the company’s stock valued at $571,000 after purchasing an additional 16,602 shares during the last quarter. Fulcrum Equity Management grew its position 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 purchasing an additional 668 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new stake in Schwab US Broad Market ETF during the 3rd quarter valued at about $703,000.

Schwab US Broad Market ETF Stock Up 0.2 %

Shares of NYSEARCA SCHB opened at $23.75 on Thursday. The firm’s 50-day moving average price is $23.20 and its 200-day moving average price is $22.54. The company has a market cap of $10.92 billion, a PE ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a 52-week low of $19.14 and a 52-week high of $23.77.

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.