Robertson Stephens Wealth Management LLC Grows Stake in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Robertson Stephens Wealth Management LLC grew its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 213.8% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 252,855 shares of the company’s stock after acquiring an additional 172,271 shares during the period. Robertson Stephens Wealth Management LLC’s holdings in Schwab US Broad Market ETF were worth $5,740,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Renaissance Technologies LLC bought a new position in shares of Schwab US Broad Market ETF in the 2nd quarter worth approximately $704,000. Marshall Wace LLP bought a new position in shares of Schwab US Broad Market ETF in the 2nd quarter worth approximately $241,000. Sanctuary Advisors LLC bought a new position in shares of Schwab US Broad Market ETF in the 2nd quarter worth approximately $620,000. Diversified Trust Co raised its position in shares of Schwab US Broad Market ETF by 7.7% in the 3rd quarter. Diversified Trust Co now owns 12,310 shares of the company’s stock worth $819,000 after acquiring an additional 880 shares in the last quarter. Finally, Aprio Wealth Management LLC bought a new position in shares of Schwab US Broad Market ETF in the 3rd quarter worth approximately $217,000.

Schwab US Broad Market ETF Stock Up 0.5 %

SCHB stock opened at $23.48 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 has a market cap of $10.79 billion, a PE ratio of 25.24 and a beta of 1.02. The business has a 50 day moving average of $23.20 and a 200 day moving average of $22.36.

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.