SignalPoint Asset Management LLC Has $226,000 Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)
by Renee Jackson · The Cerbat GemSignalPoint Asset Management LLC raised its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) by 202.7% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 9,934 shares of the company’s stock after acquiring an additional 6,652 shares during the quarter. SignalPoint Asset Management LLC’s holdings in Schwab US Broad Market ETF were worth $226,000 at the end of the most recent quarter.
Several other large investors also recently modified their holdings of SCHB. Rebalance LLC increased its stake in shares of Schwab US Broad Market ETF by 4.6% during the 3rd quarter. Rebalance LLC now owns 3,824,414 shares of the company’s stock worth $254,400,000 after purchasing an additional 167,787 shares during the last quarter. Hengehold Capital Management LLC raised its holdings in Schwab US Broad Market ETF by 1.3% during the 3rd quarter. Hengehold Capital Management LLC now owns 3,056,040 shares of the company’s stock valued at $203,288,000 after acquiring an additional 38,823 shares during the period. Strid Group LLC lifted its position in shares of Schwab US Broad Market ETF by 4.0% during the third quarter. Strid Group LLC now owns 2,864,158 shares of the company’s stock worth $190,524,000 after acquiring an additional 111,281 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC boosted its holdings in shares of Schwab US Broad Market ETF by 195.7% in the fourth quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 2,752,318 shares of the company’s stock worth $62,478,000 after acquiring an additional 1,821,631 shares during the period. Finally, HighTower Advisors LLC grew its position in shares of Schwab US Broad Market ETF by 7.8% in the third quarter. HighTower Advisors LLC now owns 2,660,625 shares of the company’s stock valued at $177,000,000 after purchasing an additional 191,480 shares in the last quarter.
Schwab US Broad Market ETF Stock Down 0.2 %
Shares of SCHB stock opened at $22.97 on Friday. The firm has a market cap of $10.56 billion, a P/E ratio of 25.24 and a beta of 1.02. The business has a 50-day moving average price of $23.12 and a two-hundred day moving average price of $22.16. Schwab US Broad Market ETF has a 12-month low of $18.25 and a 12-month high of $23.73.
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.
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