Founders Financial Alliance LLC Grows Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Founders Financial Alliance LLC grew its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 198.9% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 11,100 shares of the company’s stock after buying an additional 7,386 shares during the quarter. Founders Financial Alliance LLC’s holdings in Schwab US Broad Market ETF were worth $252,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Rebalance LLC increased its position in shares of Schwab US Broad Market ETF by 199.9% during the fourth quarter. Rebalance LLC now owns 11,471,005 shares of the company’s stock valued at $260,392,000 after buying an additional 7,646,591 shares during the period. Hengehold Capital Management LLC grew its position in shares of Schwab US Broad Market ETF by 192.6% during the 4th quarter. Hengehold Capital Management LLC now owns 8,942,406 shares of the company’s stock valued at $202,993,000 after purchasing an additional 5,886,366 shares in the last quarter. Strid Group LLC increased its holdings in shares of Schwab US Broad Market ETF by 197.8% in the fourth quarter. Strid Group LLC now owns 8,530,226 shares of the company’s stock worth $193,636,000 after purchasing an additional 5,666,068 shares during the period. Bouchey Financial Group Ltd raised its position in shares of Schwab US Broad Market ETF by 213.4% in the fourth quarter. Bouchey Financial Group Ltd now owns 8,165,768 shares of the company’s stock worth $185,363,000 after buying an additional 5,560,636 shares in the last quarter. Finally, HB Wealth Management LLC grew its position in Schwab US Broad Market ETF by 192.5% during the fourth quarter. HB Wealth Management LLC now owns 6,505,668 shares of the company’s stock worth $147,681,000 after buying an additional 4,281,591 shares in the last quarter.

Schwab US Broad Market ETF Stock Down 0.8 %

NYSEARCA:SCHB opened at $21.41 on Wednesday. Schwab US Broad Market ETF has a twelve month low of $19.14 and a twelve month high of $23.77. The stock has a market cap of $30.62 billion, a P/E ratio of 23.90 and a beta of 1.05. The business’s 50-day moving average price is $23.05 and its two-hundred day moving average price is $22.71.

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.