ACT Wealth Management LLC Purchases 7,213 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

ACT Wealth Management LLC grew its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 206.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,705 shares of the company’s stock after purchasing an additional 7,213 shares during the period. ACT Wealth Management LLC’s holdings in Schwab US Broad Market ETF were worth $243,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. HB Wealth Management LLC grew its holdings 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 purchasing an additional 4,281,591 shares during the last quarter. Rebalance LLC boosted its position in Schwab US Broad Market ETF by 4.6% during the third 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. Ballentine Partners LLC boosted its position in Schwab US Broad Market ETF by 192.7% during the fourth quarter. Ballentine Partners LLC now owns 3,122,833 shares of the company’s stock valued at $70,888,000 after buying an additional 2,055,961 shares during the period. Hengehold Capital Management LLC grew its stake in shares of Schwab US Broad Market ETF by 1.3% during the third 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 last quarter. Finally, Strid Group LLC increased its holdings in shares of Schwab US Broad Market ETF by 4.0% in the third 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 period.

Schwab US Broad Market ETF Trading Up 0.9 %

NYSEARCA SCHB opened at $23.43 on Wednesday. The firm has a market cap of $10.77 billion, a PE ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a 1-year low of $18.75 and a 1-year high of $23.73. The stock has a 50-day moving average of $23.12 and a 200-day moving average of $22.21.

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.