Asset Dedication LLC Boosts Stake in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Asset Dedication LLC raised its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 241.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 211,490 shares of the company’s stock after buying an additional 149,600 shares during the period. Asset Dedication LLC’s holdings in Schwab US Broad Market ETF were worth $4,801,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SCHB. Planning Center Inc. grew its position in shares of Schwab US Broad Market ETF by 103.2% during the 4th quarter. Planning Center Inc. now owns 14,954 shares of the company’s stock valued at $339,000 after acquiring an additional 7,594 shares during the period. Twelve Points Wealth Management LLC grew its position in shares of Schwab US Broad Market ETF by 192.0% during the 4th quarter. Twelve Points Wealth Management LLC now owns 45,304 shares of the company’s stock valued at $1,028,000 after acquiring an additional 29,787 shares during the period. Foster Group Inc. boosted its holdings in Schwab US Broad Market ETF by 186.6% in the 4th quarter. Foster Group Inc. now owns 95,572 shares of the company’s stock worth $2,169,000 after buying an additional 62,226 shares during the period. Fulton Breakefield Broenniman LLC boosted its holdings in Schwab US Broad Market ETF by 200.3% in the 4th quarter. Fulton Breakefield Broenniman LLC now owns 13,227 shares of the company’s stock worth $300,000 after buying an additional 8,823 shares during the period. Finally, BetterWealth LLC boosted its holdings in Schwab US Broad Market ETF by 200.0% in the 4th quarter. BetterWealth LLC now owns 19,695 shares of the company’s stock worth $447,000 after buying an additional 13,130 shares during the period.

Schwab US Broad Market ETF Trading Up 0.8 %

SCHB opened at $23.45 on Wednesday. The company has a 50 day moving average of $23.18 and a 200 day moving average of $22.29. The company has a market cap of $10.78 billion, a PE ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a 12 month low of $18.75 and a 12 month high of $23.73.

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.