Forvis Mazars Wealth Advisors LLC Acquires 5,982,754 Shares of Schwab US Broad Market ETF $SCHB

Forvis Mazars Wealth Advisors LLC acquired a new position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 5,982,754 shares of the company’s stock, valued at approximately $175,355,000. Schwab US Broad Market ETF comprises approximately 2.9% of Forvis Mazars Wealth Advisors LLC’s portfolio, making the stock its 5th largest holding. Forvis Mazars Wealth Advisors LLC owned about 0.39% of Schwab US Broad Market ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of SCHB. Hanson & Doremus Investment Management boosted its stake in shares of Schwab US Broad Market ETF by 0.5% during the first quarter. Hanson & Doremus Investment Management now owns 7,041,153 shares of the company’s stock valued at $176,733,000 after purchasing an additional 33,281 shares in the last quarter. Evergreen Advisors LLC grew its holdings in shares of Schwab US Broad Market ETF by 1.8% during the first quarter. Evergreen Advisors LLC now owns 6,280,152 shares of the company’s stock worth $157,632,000 after purchasing an additional 112,717 shares during the last quarter. HHM Wealth Advisors LLC grew its holdings in shares of Schwab US Broad Market ETF by 2.2% during the first quarter. HHM Wealth Advisors LLC now owns 5,146,591 shares of the company’s stock worth $129,179,000 after purchasing an additional 108,943 shares during the last quarter. Mariner LLC increased its stake in shares of Schwab US Broad Market ETF by 3.8% in the fourth quarter. Mariner LLC now owns 4,454,313 shares of the company’s stock valued at $116,847,000 after buying an additional 164,384 shares during the period. Finally, Captrust Financial Advisors increased its stake in shares of Schwab US Broad Market ETF by 25.1% in the fourth quarter. Captrust Financial Advisors now owns 4,236,900 shares of the company’s stock valued at $111,134,000 after buying an additional 849,417 shares during the period.

Schwab US Broad Market ETF Price Performance

NYSEARCA SCHB traded down $0.03 during trading hours on Tuesday, reaching $29.85. The company’s stock had a trading volume of 7,514,141 shares, compared to its average volume of 9,100,331. The firm has a fifty day simple moving average of $29.64 and a 200-day simple moving average of $28.61. The stock has a market cap of $45.25 billion, a P/E ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 52 week low of $24.28 and a 52 week high of $30.15.

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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.