Commonwealth Equity Services LLC Purchases 401,825 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Commonwealth Equity Services LLC raised its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 209.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 593,826 shares of the company’s stock after purchasing an additional 401,825 shares during the quarter. Commonwealth Equity Services LLC owned 0.13% of Schwab US Broad Market ETF worth $13,480,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Equita Financial Network Inc. raised its position in shares of Schwab US Broad Market ETF by 0.5% during the third quarter. Equita Financial Network Inc. now owns 93,643 shares of the company’s stock worth $6,229,000 after acquiring an additional 451 shares during the last quarter. Cornerstone Planning Group LLC grew its stake in Schwab US Broad Market ETF by 4.6% during the fourth quarter. Cornerstone Planning Group LLC now owns 10,600 shares of the company’s stock worth $247,000 after purchasing an additional 462 shares during the period. Citizens Financial Group Inc. RI grew its stake in Schwab US Broad Market ETF by 3.7% during the third quarter. Citizens Financial Group Inc. RI now owns 13,290 shares of the company’s stock worth $884,000 after purchasing an additional 470 shares during the period. Wilson & Boucher Capital Management LLC grew its stake in Schwab US Broad Market ETF by 0.6% during the third quarter. Wilson & Boucher Capital Management LLC now owns 94,094 shares of the company’s stock worth $6,259,000 after purchasing an additional 575 shares during the period. Finally, Asset Management Group Inc. grew its stake in Schwab US Broad Market ETF by 1.8% during the third quarter. Asset Management Group Inc. now owns 33,108 shares of the company’s stock worth $2,202,000 after purchasing an additional 588 shares during the period.

Schwab US Broad Market ETF Price Performance

NYSEARCA SCHB opened at $21.63 on Wednesday. The business has a 50 day simple moving average of $22.93 and a 200 day simple moving average of $22.70. Schwab US Broad Market ETF has a one year low of $19.14 and a one year high of $23.77. The stock has a market capitalization of $30.93 billion, a P/E ratio of 23.90 and a beta of 1.05.

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.