Empirical Financial Services LLC d.b.a. Empirical Wealth Management Purchases 62,345 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 93,519 shares of the company’s stock after acquiring an additional 62,345 shares during the quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in Schwab US Broad Market ETF were worth $2,123,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. OLIO Financial Planning raised its holdings in shares of Schwab US Broad Market ETF by 160.1% in the 4th quarter. OLIO Financial Planning now owns 25,676 shares of the company’s stock valued at $583,000 after purchasing an additional 15,803 shares during the period. Novare Capital Management LLC increased its position in Schwab US Broad Market ETF by 204.5% during the fourth quarter. Novare Capital Management LLC now owns 172,417 shares of the company’s stock worth $3,914,000 after buying an additional 115,793 shares during the last quarter. Cypress Point Wealth Management LLC raised its stake in Schwab US Broad Market ETF by 160.8% in the fourth quarter. Cypress Point Wealth Management LLC now owns 172,411 shares of the company’s stock valued at $3,914,000 after buying an additional 106,292 shares during the period. Embree Financial Group lifted its position in shares of Schwab US Broad Market ETF by 176.0% in the fourth quarter. Embree Financial Group now owns 359,094 shares of the company’s stock valued at $8,151,000 after buying an additional 228,967 shares during the last quarter. Finally, Rockwood Wealth Management LLC bought a new position in shares of Schwab US Broad Market ETF during the 4th quarter worth approximately $214,000.

Schwab US Broad Market ETF Trading Down 1.4 %

SCHB opened at $23.27 on Tuesday. The stock’s fifty day simple moving average is $23.16 and its 200 day simple moving average is $22.27. Schwab US Broad Market ETF has a 1-year low of $18.75 and a 1-year high of $23.73. The stock has a market cap of $10.70 billion, a PE ratio of 25.24 and a beta of 1.02.

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.