Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Bought by Connecticut Wealth Management LLC

Connecticut Wealth Management LLC grew its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 1,486.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 75,640 shares of the company’s stock after acquiring an additional 70,872 shares during the quarter. Connecticut Wealth Management LLC’s holdings in Schwab US Broad Market ETF were worth $1,896,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. Brooklyn FI LLC raised its holdings in shares of Schwab US Broad Market ETF by 17,756.0% in the fourth quarter. Brooklyn FI LLC now owns 23,155,242 shares of the company’s stock valued at $576,012,000 after buying an additional 23,025,564 shares during the last quarter. Betterment LLC increased its position in Schwab US Broad Market ETF by 193.5% in the 4th quarter. Betterment LLC now owns 17,773,620 shares of the company’s stock valued at $403,461,000 after acquiring an additional 11,718,291 shares during the period. Rebalance LLC raised its stake in Schwab US Broad Market ETF by 199.9% during the 4th quarter. Rebalance LLC now owns 11,471,005 shares of the company’s stock valued at $260,392,000 after acquiring an additional 7,646,591 shares during the last quarter. SCS Capital Management LLC lifted its position in Schwab US Broad Market ETF by 170.1% during the 4th quarter. SCS Capital Management LLC now owns 10,204,017 shares of the company’s stock worth $231,631,000 after acquiring an additional 6,426,551 shares during the period. Finally, Evensky & Katz LLC lifted its position in Schwab US Broad Market ETF by 187.7% during the 4th quarter. Evensky & Katz LLC now owns 9,325,113 shares of the company’s stock worth $211,680,000 after acquiring an additional 6,084,141 shares during the period.

Schwab US Broad Market ETF Trading Down 1.7%

NYSEARCA:SCHB opened at $22.47 on Thursday. Schwab US Broad Market ETF has a 12-month low of $18.53 and a 12-month high of $23.77. The stock’s 50 day simple moving average is $21.33 and its 200-day simple moving average is $22.46. The firm has a market cap of $32.36 billion, a P/E ratio of 25.46 and a beta of 1.03.

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.