Royal Capital Wealth Management LLC Grows Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Royal Capital Wealth Management LLC increased its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.1% in the fourth quarter, HoldingsChannel reports. The firm owned 18,070 shares of the company’s stock after purchasing an additional 12,049 shares during the quarter. Royal Capital Wealth Management LLC’s holdings in Schwab US Broad Market ETF were worth $410,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Tucker Asset Management LLC increased its holdings in shares of Schwab US Broad Market ETF by 233.9% in the 4th quarter. Tucker Asset Management LLC now owns 1,092 shares of the company’s stock worth $25,000 after purchasing an additional 765 shares in the last quarter. Studio Investment Management LLC increased its holdings in shares of Schwab US Broad Market ETF by 200.0% in the 4th quarter. Studio Investment Management LLC now owns 1,092 shares of the company’s stock worth $25,000 after purchasing an additional 728 shares in the last quarter. Promus Capital LLC bought a new stake in shares of Schwab US Broad Market ETF in the 4th quarter worth $25,000. Blume Capital Management Inc. increased its holdings in shares of Schwab US Broad Market ETF by 200.3% in the 4th quarter. Blume Capital Management Inc. now owns 1,111 shares of the company’s stock worth $25,000 after purchasing an additional 741 shares in the last quarter. Finally, Maryland Capital Advisors Inc. increased its holdings in shares of Schwab US Broad Market ETF by 200.0% in the 4th quarter. Maryland Capital Advisors Inc. now owns 1,161 shares of the company’s stock worth $26,000 after purchasing an additional 774 shares in the last quarter.

Schwab US Broad Market ETF Trading Down 0.3%

Schwab US Broad Market ETF stock opened at $22.87 on Wednesday. The firm has a market cap of $32.93 billion, a price-to-earnings ratio of 25.46 and a beta of 1.03. The stock has a fifty day simple moving average of $21.31 and a two-hundred day simple moving average of $22.46. Schwab US Broad Market ETF has a 12 month low of $18.53 and a 12 month high of $23.77.

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.