Burt Wealth Advisors Boosts Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Burt Wealth Advisors grew its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 165.3% in the fourth quarter, HoldingsChannel reports. The fund owned 11,448 shares of the company’s stock after buying an additional 7,133 shares during the quarter. Burt Wealth Advisors’ holdings in Schwab US Broad Market ETF were worth $260,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of SCHB. Scott & Selber Inc. increased its position in Schwab US Broad Market ETF by 201.6% during the fourth quarter. Scott & Selber Inc. now owns 24,758 shares of the company’s stock worth $562,000 after purchasing an additional 16,549 shares during the last quarter. Charles Schwab Investment Management Inc. acquired a new stake in shares of Schwab US Broad Market ETF during the 4th quarter worth $27,567,000. Planning Alternatives Ltd. ADV raised its position in shares of Schwab US Broad Market ETF by 160.6% in the 4th quarter. Planning Alternatives Ltd. ADV now owns 151,333 shares of the company’s stock worth $3,435,000 after buying an additional 93,264 shares during the period. Steward Partners Investment Advisory LLC boosted its holdings in Schwab US Broad Market ETF by 419.8% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 13,155 shares of the company’s stock valued at $299,000 after acquiring an additional 10,624 shares during the last quarter. Finally, Bedel Financial Consulting Inc. grew its position in Schwab US Broad Market ETF by 200.2% during the fourth quarter. Bedel Financial Consulting Inc. now owns 35,649 shares of the company’s stock valued at $837,000 after acquiring an additional 23,775 shares during the period.

Schwab US Broad Market ETF Price Performance

Shares of NYSEARCA:SCHB opened at $22.53 on Tuesday. The firm has a market capitalization of $32.22 billion, a PE ratio of 25.96 and a beta of 1.04. Schwab US Broad Market ETF has a 12 month low of $19.14 and a 12 month high of $23.77. The business has a 50-day moving average of $23.18 and a two-hundred day moving average of $22.69.

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.