Truist Financial Corp Buys 1,230,151 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Truist Financial Corp boosted its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 225.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,776,157 shares of the company’s stock after purchasing an additional 1,230,151 shares during the quarter. Truist Financial Corp’s holdings in Schwab US Broad Market ETF were worth $40,319,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Equita Financial Network Inc. raised its holdings in shares of Schwab US Broad Market ETF by 0.5% in the 3rd quarter. Equita Financial Network Inc. now owns 93,643 shares of the company’s stock valued at $6,229,000 after acquiring an additional 451 shares in the last quarter. Cornerstone Planning Group LLC raised its holdings in shares of Schwab US Broad Market ETF by 4.6% in the 4th quarter. Cornerstone Planning Group LLC now owns 10,600 shares of the company’s stock valued at $247,000 after acquiring an additional 462 shares in the last quarter. Citizens Financial Group Inc. RI raised its holdings in shares of Schwab US Broad Market ETF by 3.7% in the 3rd quarter. Citizens Financial Group Inc. RI now owns 13,290 shares of the company’s stock valued at $884,000 after acquiring an additional 470 shares in the last quarter. Private Advisor Group LLC raised its holdings in shares of Schwab US Broad Market ETF by 0.7% in the 3rd quarter. Private Advisor Group LLC now owns 71,877 shares of the company’s stock valued at $4,781,000 after acquiring an additional 483 shares in the last quarter. Finally, Financial Consulate Inc. raised its holdings in shares of Schwab US Broad Market ETF by 1.3% in the 3rd quarter. Financial Consulate Inc. now owns 40,190 shares of the company’s stock valued at $2,673,000 after acquiring an additional 501 shares in the last quarter.

Schwab US Broad Market ETF Stock Up 0.3 %

NYSEARCA:SCHB opened at $23.71 on Wednesday. The business’s 50-day moving average price is $23.19 and its two-hundred day moving average price is $22.51. Schwab US Broad Market ETF has a twelve month low of $19.14 and a twelve month high of $23.73. The stock has a market cap of $10.90 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.