Stockman Wealth Management Inc. Purchases 22,532 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Stockman Wealth Management Inc. increased its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 218.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,850 shares of the company’s stock after buying an additional 22,532 shares during the period. Stockman Wealth Management Inc.’s holdings in Schwab US Broad Market ETF were worth $746,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of SCHB. Carnegie Investment Counsel increased its stake in shares of Schwab US Broad Market ETF by 1.5% during the third quarter. Carnegie Investment Counsel now owns 13,392 shares of the company’s stock valued at $891,000 after purchasing an additional 195 shares in the last quarter. Valeo Financial Advisors LLC boosted its holdings in Schwab US Broad Market ETF by 5.6% in the third quarter. Valeo Financial Advisors LLC now owns 5,489 shares of the company’s stock worth $365,000 after purchasing an additional 292 shares during the last quarter. Equita Financial Network Inc. boosted its holdings in Schwab US Broad Market ETF by 0.5% in the third quarter. Equita Financial Network Inc. now owns 93,643 shares of the company’s stock worth $6,229,000 after purchasing an additional 451 shares during the last quarter. Citizens Financial Group Inc. RI boosted its stake in shares of Schwab US Broad Market ETF by 3.7% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 13,290 shares of the company’s stock worth $884,000 after acquiring an additional 470 shares during the last quarter. Finally, Private Advisor Group LLC boosted its stake in shares of Schwab US Broad Market ETF by 0.7% during the 3rd quarter. Private Advisor Group LLC now owns 71,877 shares of the company’s stock worth $4,781,000 after acquiring an additional 483 shares during the last quarter.

Schwab US Broad Market ETF Price Performance

Shares of SCHB stock opened at $23.32 on Friday. The company has a market capitalization of $10.72 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a one year low of $19.04 and a one year high of $23.73. The company’s fifty day moving average price is $23.20 and its 200-day moving average price is $22.39.

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.