Prospera Financial Services Inc lowered its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB – Get Rating) by 18.0% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,360 shares of the company’s stock after selling 1,834 shares during the quarter. Prospera Financial Services Inc’s holdings in Schwab US Broad Market ETF were worth $375,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Manchester Financial Inc. boosted its holdings in shares of Schwab US Broad Market ETF by 3.9% during the 4th quarter. Manchester Financial Inc. now owns 788,447 shares of the company’s stock valued at $35,330,000 after purchasing an additional 29,252 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of Schwab US Broad Market ETF by 4.7% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 363,279 shares of the company’s stock valued at $16,279,000 after acquiring an additional 16,185 shares during the last quarter. AlphaStar Capital Management LLC lifted its holdings in shares of Schwab US Broad Market ETF by 16.5% in the 4th quarter. AlphaStar Capital Management LLC now owns 8,772 shares of the company’s stock valued at $393,000 after acquiring an additional 1,245 shares during the last quarter. Brainard Capital Management LLC bought a new position in shares of Schwab US Broad Market ETF in the 4th quarter valued at about $228,000. Finally, Regent Peak Wealth Advisors LLC lifted its holdings in shares of Schwab US Broad Market ETF by 99.8% in the 4th quarter. Regent Peak Wealth Advisors LLC now owns 28,163 shares of the company’s stock valued at $1,262,000 after acquiring an additional 14,068 shares during the last quarter.
Schwab US Broad Market ETF Trading Down 0.2 %
Shares of NYSEARCA:SCHB opened at $47.85 on Friday. Schwab US Broad Market ETF has a 12 month low of $40.92 and a 12 month high of $50.85. The company has a 50-day moving average price of $47.26 and a 200 day moving average price of $46.70. The company has a market cap of $21.29 billion, a price-to-earnings ratio of 17.59 and a beta of 1.03.
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.
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