BlueStem Wealth Partners LLC Takes $1.05 Million Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

BlueStem Wealth Partners LLC purchased a new stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 46,144 shares of the company’s stock, valued at approximately $1,047,000.

Other large investors have also modified their holdings of the company. Maryland Capital Advisors Inc. lifted its stake 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 acquiring an additional 774 shares in the last quarter. Wiser Advisor Group LLC lifted its stake in Schwab US Broad Market ETF by 200.8% during the 4th quarter. Wiser Advisor Group LLC now owns 1,176 shares of the company’s stock worth $27,000 after acquiring an additional 785 shares in the last quarter. Jackson Grant Investment Advisers Inc. lifted its stake in Schwab US Broad Market ETF by 201.0% during the 4th quarter. Jackson Grant Investment Advisers Inc. now owns 1,249 shares of the company’s stock worth $28,000 after acquiring an additional 834 shares in the last quarter. Beacon Capital Management LLC lifted its stake in Schwab US Broad Market ETF by 200.2% during the 4th quarter. Beacon Capital Management LLC now owns 1,216 shares of the company’s stock worth $28,000 after acquiring an additional 811 shares in the last quarter. Finally, Albion Financial Group UT lifted its stake in Schwab US Broad Market ETF by 200.0% during the 4th quarter. Albion Financial Group UT now owns 1,260 shares of the company’s stock worth $29,000 after acquiring an additional 840 shares in the last quarter.

Schwab US Broad Market ETF Trading Up 1.5 %

SCHB opened at $22.92 on Friday. The stock’s 50-day moving average price is $23.19 and its 200 day moving average price is $22.67. Schwab US Broad Market ETF has a 12-month low of $19.14 and a 12-month high of $23.77. The firm has a market cap of $32.78 billion, a price-to-earnings ratio of 25.96 and a beta of 1.04.

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.