Kestra Private Wealth Services LLC Boosts Stock Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Kestra Private Wealth Services LLC increased its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 169.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 65,098 shares of the company’s stock after buying an additional 40,945 shares during the period. Kestra Private Wealth Services LLC’s holdings in Schwab US Broad Market ETF were worth $1,478,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Moser Wealth Advisors LLC raised its position in shares of Schwab US Broad Market ETF by 200.7% in the fourth quarter. Moser Wealth Advisors LLC now owns 1,651 shares of the company’s stock worth $37,000 after acquiring an additional 1,102 shares during the period. Essex LLC increased its stake in shares of Schwab US Broad Market ETF by 199.9% in the 4th quarter. Essex LLC now owns 100,336 shares of the company’s stock valued at $2,278,000 after purchasing an additional 66,876 shares in the last quarter. Stephens Inc. AR raised its holdings in Schwab US Broad Market ETF by 200.0% in the 4th quarter. Stephens Inc. AR now owns 10,083 shares of the company’s stock worth $229,000 after purchasing an additional 6,722 shares during the period. Stockman Wealth Management Inc. lifted its position in shares of Schwab US Broad Market ETF by 218.4% during the 4th quarter. Stockman Wealth Management Inc. now owns 32,850 shares of the company’s stock valued at $746,000 after buying an additional 22,532 shares in the last quarter. Finally, Summit Wealth & Retirement Planning Inc. grew its position in shares of Schwab US Broad Market ETF by 202.1% in the fourth quarter. Summit Wealth & Retirement Planning Inc. now owns 237,647 shares of the company’s stock valued at $5,395,000 after purchasing an additional 158,977 shares during the period.

Schwab US Broad Market ETF Trading Down 0.3 %

Shares of Schwab US Broad Market ETF stock opened at $23.39 on Thursday. Schwab US Broad Market ETF has a twelve month low of $19.04 and a twelve month high of $23.73. The firm’s 50-day moving average price is $23.20 and its 200 day moving average price is $22.44. The firm has a market capitalization of $10.75 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.