Krilogy Financial LLC Buys 47,953 Shares of Schwab US Broad Market ETF $SCHB

Krilogy Financial LLC lifted its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 36.5% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 179,493 shares of the company’s stock after purchasing an additional 47,953 shares during the period. Krilogy Financial LLC’s holdings in Schwab US Broad Market ETF were worth $4,862,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the stock. Financial Life Planners bought a new position in Schwab US Broad Market ETF in the 3rd quarter valued at $27,000. Birchwood Financial Partners Inc. acquired a new stake in shares of Schwab US Broad Market ETF in the 4th quarter valued at $28,000. Wiser Advisor Group LLC bought a new stake in shares of Schwab US Broad Market ETF during the third quarter worth $29,000. Bayban bought a new stake in shares of Schwab US Broad Market ETF during the fourth quarter worth $33,000. Finally, LRI Investments LLC acquired a new position in shares of Schwab US Broad Market ETF during the fourth quarter valued at $35,000.

Schwab US Broad Market ETF Stock Down 1.4%

Schwab US Broad Market ETF stock opened at $28.48 on Wednesday. The business’s 50-day simple moving average is $28.30 and its 200 day simple moving average is $26.95. The stock has a market cap of $42.11 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 12-month low of $23.35 and a 12-month high of $29.35.

Schwab US Broad Market ETF 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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.