Cassady Schiller Wealth Management LLC Has $5.15 Million Stock Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Cassady Schiller Wealth Management LLC boosted its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 226,960 shares of the company’s stock after buying an additional 151,306 shares during the quarter. Schwab US Broad Market ETF makes up 1.9% of Cassady Schiller Wealth Management LLC’s portfolio, making the stock its 8th largest position. Cassady Schiller Wealth Management LLC’s holdings in Schwab US Broad Market ETF were worth $5,152,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Valeo Financial Advisors LLC lifted its holdings in Schwab US Broad Market ETF by 200.0% during the 4th quarter. Valeo Financial Advisors LLC now owns 16,468 shares of the company’s stock valued at $374,000 after buying an additional 10,979 shares in the last quarter. Versant Capital Management Inc lifted its holdings in Schwab US Broad Market ETF by 201.0% during the 4th quarter. Versant Capital Management Inc now owns 14,004 shares of the company’s stock valued at $318,000 after buying an additional 9,352 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC lifted its holdings in Schwab US Broad Market ETF by 194.3% during the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 25,146 shares of the company’s stock valued at $571,000 after buying an additional 16,602 shares in the last quarter. Fulcrum Equity Management raised its holdings in shares of Schwab US Broad Market ETF by 6.3% in the 3rd quarter. Fulcrum Equity Management now owns 11,192 shares of the company’s stock valued at $744,000 after purchasing an additional 668 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new stake in shares of Schwab US Broad Market ETF in the 3rd quarter valued at about $703,000.

Schwab US Broad Market ETF Stock Performance

NYSEARCA:SCHB opened at $21.69 on Monday. Schwab US Broad Market ETF has a one year low of $19.14 and a one year high of $23.77. The firm has a market cap of $31.02 billion, a P/E ratio of 23.90 and a beta of 1.05. The firm has a 50-day simple moving average of $22.97 and a 200-day simple moving average of $22.70.

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.