Successful Portfolios LLC Acquires 146,550 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Successful Portfolios LLC raised its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 202.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 218,809 shares of the company’s stock after acquiring an additional 146,550 shares during the period. Schwab US Broad Market ETF makes up approximately 3.3% of Successful Portfolios LLC’s investment portfolio, making the stock its 6th largest position. Successful Portfolios LLC’s holdings in Schwab US Broad Market ETF were worth $4,967,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. HB Wealth Management LLC boosted its position in shares of Schwab US Broad Market ETF by 192.5% during the 4th quarter. HB Wealth Management LLC now owns 6,505,668 shares of the company’s stock valued at $147,681,000 after acquiring an additional 4,281,591 shares during the last quarter. Rebalance LLC grew its stake in shares of Schwab US Broad Market ETF by 4.6% in the 3rd quarter. Rebalance LLC now owns 3,824,414 shares of the company’s stock valued at $254,400,000 after buying an additional 167,787 shares during the period. Hengehold Capital Management LLC grew its stake in shares of Schwab US Broad Market ETF by 1.3% in the 3rd quarter. Hengehold Capital Management LLC now owns 3,056,040 shares of the company’s stock valued at $203,288,000 after buying an additional 38,823 shares during the period. Strid Group LLC increased its holdings in shares of Schwab US Broad Market ETF by 4.0% during the 3rd quarter. Strid Group LLC now owns 2,864,158 shares of the company’s stock worth $190,524,000 after buying an additional 111,281 shares during the last quarter. Finally, Cliftonlarsonallen Wealth Advisors LLC raised its position in shares of Schwab US Broad Market ETF by 195.7% during the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 2,752,318 shares of the company’s stock valued at $62,478,000 after buying an additional 1,821,631 shares during the period.

Schwab US Broad Market ETF Stock Performance

Schwab US Broad Market ETF stock opened at $23.21 on Monday. The company’s 50 day simple moving average is $23.12 and its 200-day simple moving average is $22.19. Schwab US Broad Market ETF has a 1 year low of $18.34 and a 1 year high of $23.73. The company has a market capitalization of $10.67 billion, a price-to-earnings 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.