Carlton Hofferkamp & Jenks Wealth Management LLC lowered its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) by 0.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 866,529 shares of the company’s stock after selling 2,075 shares during the period. Schwab US Broad Market ETF comprises about 7.6% of Carlton Hofferkamp & Jenks Wealth Management LLC’s portfolio, making the stock its 2nd largest holding. Carlton Hofferkamp & Jenks Wealth Management LLC’s holdings in Schwab US Broad Market ETF were worth $20,346,000 as of its most recent filing with the SEC.
A number of other institutional investors have also modified their holdings of SCHB. Joseph Group Capital Management purchased a new position in shares of Schwab US Broad Market ETF in the 3rd quarter valued at about $66,000. Maryland Capital Advisors Inc. increased its stake in shares of Schwab US Broad Market ETF by 200.0% in the 4th quarter. Maryland Capital Advisors Inc. now owns 1,161 shares of the company’s stock valued at $26,000 after purchasing an additional 774 shares in the last quarter. Wiser Advisor Group LLC increased its stake in shares of Schwab US Broad Market ETF by 200.8% in the 4th quarter. Wiser Advisor Group LLC now owns 1,176 shares of the company’s stock valued at $27,000 after purchasing an additional 785 shares in the last quarter. Beacon Capital Management LLC increased its stake in shares of Schwab US Broad Market ETF by 200.2% in the 4th quarter. Beacon Capital Management LLC now owns 1,216 shares of the company’s stock valued at $28,000 after purchasing an additional 811 shares in the last quarter. Finally, Jackson Grant Investment Advisers Inc. increased its stake in shares of Schwab US Broad Market ETF by 201.0% in the 4th quarter. Jackson Grant Investment Advisers Inc. now owns 1,249 shares of the company’s stock valued at $28,000 after purchasing an additional 834 shares in the last quarter.
Schwab US Broad Market ETF Stock Down 1.7 %
Shares of Schwab US Broad Market ETF stock opened at $22.53 on Tuesday. Schwab US Broad Market ETF has a twelve month low of $19.14 and a twelve month high of $23.77. The business has a 50-day moving average price of $23.18 and a 200 day moving average price of $22.69. The firm has a market cap of $32.22 billion, a PE ratio of 25.96 and a beta of 1.04.
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.
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