Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Purchased by Clay Northam Wealth Management LLC

Clay Northam Wealth Management LLC increased its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 195.6% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 23,446 shares of the company’s stock after acquiring an additional 15,514 shares during the period. Clay Northam Wealth Management LLC’s holdings in Schwab US Broad Market ETF were worth $532,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Archer Investment Management LLC purchased a new stake in Schwab US Broad Market ETF during the 4th quarter worth approximately $5,012,000. Baltimore Washington Financial Advisors Inc. purchased a new stake in Schwab US Broad Market ETF during the 4th quarter worth approximately $410,000. Marshall Financial Group Inc. ADV increased its holdings in Schwab US Broad Market ETF by 187.4% during the 4th quarter. Marshall Financial Group Inc. ADV now owns 813,733 shares of the company’s stock worth $18,472,000 after purchasing an additional 530,601 shares during the last quarter. Financial Life Planners purchased a new stake in Schwab US Broad Market ETF during the 4th quarter worth approximately $94,000. Finally, Muirfield Wealth Advisors LLC increased its holdings in Schwab US Broad Market ETF by 201.2% during the 4th quarter. Muirfield Wealth Advisors LLC now owns 41,450 shares of the company’s stock worth $941,000 after purchasing an additional 27,690 shares during the last quarter.

Schwab US Broad Market ETF Stock Down 0.7 %

SCHB stock opened at $23.20 on Tuesday. Schwab US Broad Market ETF has a 52-week low of $18.98 and a 52-week high of $23.73. The stock’s 50 day moving average is $23.20 and its two-hundred day moving average is $22.33. The company has a market capitalization of $10.67 billion, a PE ratio of 25.24 and a beta of 1.02.

Schwab US Broad Market ETF Company 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.