Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Acquired by Elevation Wealth Partners LLC

Elevation Wealth Partners LLC boosted its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 205.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 121,705 shares of the company’s stock after buying an additional 81,830 shares during the quarter. Schwab US Broad Market ETF accounts for approximately 1.2% of Elevation Wealth Partners LLC’s holdings, making the stock its 19th biggest holding. Elevation Wealth Partners LLC’s holdings in Schwab US Broad Market ETF were worth $2,763,000 at the end of the most recent quarter.

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

Schwab US Broad Market ETF Trading Down 1.0 %

Shares of NYSEARCA:SCHB opened at $23.32 on Monday. The firm has a market cap of $10.72 billion, a PE ratio of 25.24 and a beta of 1.02. The company has a fifty day simple moving average of $23.20 and a 200 day simple moving average of $22.39. Schwab US Broad Market ETF has a 12-month low of $19.04 and a 12-month high of $23.73.

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.