Fonville Wealth Management LLC Buys 42,150 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Fonville Wealth Management LLC grew its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 195.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 63,752 shares of the company’s stock after purchasing an additional 42,150 shares during the period. Fonville Wealth Management LLC’s holdings in Schwab US Broad Market ETF were worth $1,447,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Jackson Grant Investment Advisers Inc. grew its position in Schwab US Broad Market ETF by 201.0% during the fourth quarter. Jackson Grant Investment Advisers Inc. now owns 1,249 shares of the company’s stock worth $28,000 after buying an additional 834 shares in the last quarter. Albion Financial Group UT lifted its position in shares of Schwab US Broad Market ETF by 200.0% in the 4th quarter. Albion Financial Group UT now owns 1,260 shares of the company’s stock worth $29,000 after acquiring an additional 840 shares during the period. Global Financial Private Client LLC grew its holdings in shares of Schwab US Broad Market ETF by 200.0% during the 4th quarter. Global Financial Private Client LLC now owns 1,332 shares of the company’s stock worth $30,000 after purchasing an additional 888 shares in the last quarter. GAMMA Investing LLC increased its position in shares of Schwab US Broad Market ETF by 200.0% during the fourth quarter. GAMMA Investing LLC now owns 1,446 shares of the company’s stock valued at $33,000 after purchasing an additional 964 shares during the period. Finally, Capital Investment Advisory Services LLC raised its stake in shares of Schwab US Broad Market ETF by 128.0% in the fourth quarter. Capital Investment Advisory Services LLC now owns 1,521 shares of the company’s stock valued at $35,000 after purchasing an additional 854 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

Shares of SCHB stock opened at $23.32 on Monday. Schwab US Broad Market ETF has a one year low of $19.04 and a one year high of $23.73. The stock has a fifty day moving average price of $23.20 and a 200 day moving average price of $22.39. The stock has a market cap of $10.72 billion, a P/E ratio of 25.24 and a beta of 1.02.

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.