Rothschild Wealth LLC Takes $19.95 Million Position in Schwab US Broad Market ETF $SCHB

Rothschild Wealth LLC purchased a new stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 760,548 shares of the company’s stock, valued at approximately $19,949,000. Schwab US Broad Market ETF makes up 2.4% of Rothschild Wealth LLC’s investment portfolio, making the stock its 3rd biggest holding.

Several other hedge funds also recently made changes to their positions in SCHB. Evergreen Advisors LLC purchased a new position in shares of Schwab US Broad Market ETF in the fourth quarter valued at $161,772,000. Caprock Group LLC purchased a new position in shares of Schwab US Broad Market ETF in the third quarter valued at $54,987,000. Boulder Wealth Advisors LLC purchased a new position in shares of Schwab US Broad Market ETF in the third quarter valued at $40,435,000. CWM LLC grew its position in shares of Schwab US Broad Market ETF by 304.7% in the fourth quarter. CWM LLC now owns 1,648,774 shares of the company’s stock valued at $43,247,000 after purchasing an additional 1,241,374 shares in the last quarter. Finally, Modern Wealth Management LLC grew its position in shares of Schwab US Broad Market ETF by 422.7% in the third quarter. Modern Wealth Management LLC now owns 1,518,936 shares of the company’s stock valued at $39,052,000 after purchasing an additional 1,228,327 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

Shares of NYSEARCA SCHB opened at $29.17 on Monday. The stock has a market cap of $43.13 billion, a PE ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a fifty-two week low of $22.48 and a fifty-two week high of $29.23. The stock has a fifty day moving average of $27.12 and a 200-day moving average of $26.60.

About Schwab US Broad Market ETF

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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.