Heartwood Wealth Advisors LLC Increases Stake in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Heartwood Wealth Advisors LLC lifted its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,341 shares of the company’s stock after acquiring an additional 8,894 shares during the quarter. Heartwood Wealth Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $303,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in SCHB. Ridgewood Investments LLC raised its position in shares of Schwab US Broad Market ETF by 393.9% in the 4th quarter. Ridgewood Investments LLC now owns 25,484 shares of the company’s stock worth $578,000 after acquiring an additional 20,324 shares in the last quarter. Baker Tilly Wealth Management LLC grew its stake in Schwab US Broad Market ETF by 197.7% in the fourth quarter. Baker Tilly Wealth Management LLC now owns 26,808 shares of the company’s stock valued at $609,000 after purchasing an additional 17,804 shares during the last quarter. Legacy Private Trust Co. raised its holdings in Schwab US Broad Market ETF by 210.0% in the fourth quarter. Legacy Private Trust Co. now owns 1,470,532 shares of the company’s stock worth $33,381,000 after purchasing an additional 996,131 shares in the last quarter. Worth Asset Management LLC lifted its position in shares of Schwab US Broad Market ETF by 184.8% during the fourth quarter. Worth Asset Management LLC now owns 13,335 shares of the company’s stock valued at $303,000 after buying an additional 8,652 shares during the last quarter. Finally, Benchmark Wealth Management LLC boosted its holdings in shares of Schwab US Broad Market ETF by 226.5% in the 4th quarter. Benchmark Wealth Management LLC now owns 199,659 shares of the company’s stock valued at $4,532,000 after buying an additional 138,517 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

NYSEARCA:SCHB traded down $0.31 during midday trading on Friday, reaching $22.54. 5,470,583 shares of the stock traded hands, compared to its average volume of 4,256,200. The stock has a market capitalization of $10.36 billion, a PE ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a 12-month low of $18.25 and a 12-month high of $23.73. The business has a 50-day moving average of $23.10 and a two-hundred day moving average of $22.10.

About Schwab US Broad Market ETF

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.