Spire Wealth Management Has $673,000 Stock Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Spire Wealth Management boosted its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 218.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 29,627 shares of the company’s stock after purchasing an additional 20,320 shares during the period. Spire Wealth Management’s holdings in Schwab US Broad Market ETF were worth $673,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Compass Advisory Group LLC lifted its position in shares of Schwab US Broad Market ETF by 185.4% in the fourth quarter. Compass Advisory Group LLC now owns 2,335,715 shares of the company’s stock worth $53,021,000 after buying an additional 1,517,236 shares during the last quarter. Five Oceans Advisors lifted its position in shares of Schwab US Broad Market ETF by 197.6% in the fourth quarter. Five Oceans Advisors now owns 414,393 shares of the company’s stock worth $9,407,000 after buying an additional 275,169 shares during the last quarter. SYM FINANCIAL Corp lifted its position in shares of Schwab US Broad Market ETF by 201.5% in the fourth quarter. SYM FINANCIAL Corp now owns 780,206 shares of the company’s stock worth $17,711,000 after buying an additional 521,406 shares during the last quarter. Tritonpoint Wealth LLC lifted its position in shares of Schwab US Broad Market ETF by 200.0% in the fourth quarter. Tritonpoint Wealth LLC now owns 23,608 shares of the company’s stock worth $536,000 after buying an additional 15,739 shares during the last quarter. Finally, Capital Insight Partners LLC lifted its position in shares of Schwab US Broad Market ETF by 200.0% in the fourth quarter. Capital Insight Partners LLC now owns 13,218 shares of the company’s stock worth $300,000 after buying an additional 8,812 shares during the last quarter.

Schwab US Broad Market ETF Price Performance

Shares of NYSEARCA:SCHB opened at $23.37 on Wednesday. Schwab US Broad Market ETF has a fifty-two week low of $18.98 and a fifty-two week high of $23.73. The business has a 50-day moving average of $23.20 and a two-hundred day moving average of $22.34. The stock has a market capitalization of $10.74 billion, a P/E ratio of 25.24 and a beta of 1.02.

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.