OneAscent Financial Services LLC Has $5.95 Million Stock Position in Schwab US Broad Market ETF $SCHB

OneAscent Financial Services LLC increased its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 8.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 226,925 shares of the company’s stock after acquiring an additional 17,970 shares during the quarter. OneAscent Financial Services LLC’s holdings in Schwab US Broad Market ETF were worth $5,952,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SCHB. Financial Life Planners bought a new stake in Schwab US Broad Market ETF in the third quarter worth approximately $27,000. Wiser Advisor Group LLC bought a new stake in Schwab US Broad Market ETF in the third quarter worth approximately $29,000. LRI Investments LLC bought a new stake in Schwab US Broad Market ETF in the fourth quarter worth approximately $35,000. Basepoint Wealth LLC bought a new stake in Schwab US Broad Market ETF in the fourth quarter worth approximately $38,000. Finally, Godfrey Financial Associates Inc. bought a new stake in Schwab US Broad Market ETF in the fourth quarter worth approximately $51,000.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB stock opened at $28.45 on Friday. The company has a market cap of $42.07 billion, a P/E ratio of 25.08 and a beta of 1.02. The stock has a 50 day simple moving average of $27.50 and a two-hundred day simple moving average of $26.70. Schwab US Broad Market ETF has a fifty-two week low of $22.88 and a fifty-two week high of $29.35.

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.