Alpha Omega Wealth Management LLC Raises Stock Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Alpha Omega Wealth Management LLC grew its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 195.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 220,643 shares of the company’s stock after acquiring an additional 145,892 shares during the period. Schwab US Broad Market ETF comprises about 0.9% of Alpha Omega Wealth Management LLC’s holdings, making the stock its 27th biggest position. Alpha Omega Wealth Management LLC’s holdings in Schwab US Broad Market ETF were worth $5,009,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Hengehold Capital Management LLC grew its position in shares of Schwab US Broad Market ETF by 192.6% in the fourth quarter. Hengehold Capital Management LLC now owns 8,942,406 shares of the company’s stock valued at $202,993,000 after purchasing an additional 5,886,366 shares during the last quarter. HB Wealth Management LLC lifted its stake in Schwab US Broad Market ETF by 192.5% in the 4th quarter. HB Wealth Management LLC now owns 6,505,668 shares of the company’s stock valued at $147,681,000 after buying an additional 4,281,591 shares in the last quarter. HT Partners LLC grew its holdings in Schwab US Broad Market ETF by 202.6% during the 4th quarter. HT Partners LLC now owns 6,053,331 shares of the company’s stock valued at $137,411,000 after buying an additional 4,052,932 shares during the last quarter. Hanson & Doremus Investment Management increased its position in Schwab US Broad Market ETF by 203.1% during the fourth quarter. Hanson & Doremus Investment Management now owns 5,901,371 shares of the company’s stock worth $133,961,000 after buying an additional 3,954,414 shares in the last quarter. Finally, Summit Financial Strategies Inc. raised its holdings in shares of Schwab US Broad Market ETF by 192.0% in the fourth quarter. Summit Financial Strategies Inc. now owns 4,053,079 shares of the company’s stock worth $92,005,000 after acquiring an additional 2,665,067 shares during the last quarter.

Schwab US Broad Market ETF Stock Down 0.6 %

SCHB opened at $23.36 on Friday. The business’s fifty day simple moving average is $23.20 and its 200 day simple moving average is $22.31. Schwab US Broad Market ETF has a 52 week low of $18.75 and a 52 week high of $23.73. The firm has a market cap of $10.74 billion, a P/E ratio of 25.24 and a beta of 1.02.

Schwab US Broad Market ETF Company 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.