Access Financial Services Inc. Acquires New Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Access Financial Services Inc. purchased a new stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) in the 4th quarter, Holdings Channel.com reports. The fund purchased 14,808 shares of the company’s stock, valued at approximately $336,000.

A number of other hedge funds have also bought and sold shares of SCHB. Thrive Wealth Management LLC grew its holdings in Schwab US Broad Market ETF by 214.7% in the fourth quarter. Thrive Wealth Management LLC now owns 84,125 shares of the company’s stock worth $1,910,000 after purchasing an additional 57,395 shares during the period. Ironwood Financial llc raised its position in Schwab US Broad Market ETF by 345.2% in the fourth quarter. Ironwood Financial llc now owns 38,010 shares of the company’s stock worth $863,000 after acquiring an additional 29,473 shares during the period. Global Wealth Management LLC raised its position in shares of Schwab US Broad Market ETF by 200.1% in the fourth quarter. Global Wealth Management LLC now owns 1,058,243 shares of the company’s stock valued at $24,022,000 after purchasing an additional 705,626 shares during the period. Successful Portfolios LLC raised its position in shares of Schwab US Broad Market ETF by 202.8% in the fourth quarter. Successful Portfolios LLC now owns 218,809 shares of the company’s stock valued at $4,967,000 after purchasing an additional 146,550 shares during the period. Finally, Annex Advisory Services LLC grew its stake in Schwab US Broad Market ETF by 193.6% during the fourth quarter. Annex Advisory Services LLC now owns 28,607 shares of the company’s stock valued at $649,000 after acquiring an additional 18,862 shares in the last quarter.

Schwab US Broad Market ETF Trading Up 1.0 %

Shares of Schwab US Broad Market ETF stock opened at $23.21 on Monday. The firm has a market capitalization of $10.67 billion, a PE ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a 12 month low of $18.34 and a 12 month high of $23.73. The business’s 50-day moving average price is $23.12 and its 200-day moving average price is $22.19.

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.