BNC Wealth Management LLC Acquires 34,329 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

BNC Wealth Management LLC grew its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 174.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 53,983 shares of the company’s stock after purchasing an additional 34,329 shares during the quarter. BNC Wealth Management LLC’s holdings in Schwab US Broad Market ETF were worth $1,225,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Burkett Financial Services LLC grew its position in Schwab US Broad Market ETF by 1.4% during the 3rd quarter. Burkett Financial Services LLC now owns 13,482 shares of the company’s stock valued at $897,000 after purchasing an additional 183 shares during the last quarter. Carnegie Investment Counsel boosted its holdings in shares of Schwab US Broad Market ETF by 1.5% during the 3rd quarter. Carnegie Investment Counsel now owns 13,392 shares of the company’s stock valued at $891,000 after acquiring an additional 195 shares during the last quarter. Evanson Asset Management LLC boosted its holdings in shares of Schwab US Broad Market ETF by 1.8% during the 3rd quarter. Evanson Asset Management LLC now owns 11,285 shares of the company’s stock valued at $751,000 after acquiring an additional 198 shares during the last quarter. Long Island Wealth Management Inc. lifted its stake in shares of Schwab US Broad Market ETF by 0.4% in the 2nd quarter. Long Island Wealth Management Inc. now owns 61,575 shares of the company’s stock worth $3,871,000 after purchasing an additional 262 shares during the period. Finally, Valeo Financial Advisors LLC lifted its stake in shares of Schwab US Broad Market ETF by 5.6% in the 3rd quarter. Valeo Financial Advisors LLC now owns 5,489 shares of the company’s stock worth $365,000 after purchasing an additional 292 shares during the period.

Schwab US Broad Market ETF Stock Up 1.0 %

Shares of NYSEARCA:SCHB opened at $23.21 on Friday. The firm’s 50 day moving average price is $23.12 and its 200-day moving average price is $22.18. Schwab US Broad Market ETF has a twelve month low of $18.34 and a twelve month high of $23.73. The stock has a market capitalization of $10.67 billion, a PE ratio of 25.24 and a beta of 1.02.

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.