Moss Adams Wealth Advisors LLC Purchases 3,109 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Moss Adams Wealth Advisors LLC boosted its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 79.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,001 shares of the company’s stock after purchasing an additional 3,109 shares during the quarter. Moss Adams Wealth Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $390,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Capital Performance Advisors LLP lifted its holdings in shares of Schwab US Broad Market ETF by 19.0% during the fourth quarter. Capital Performance Advisors LLP now owns 17,917 shares of the company’s stock valued at $997,000 after purchasing an additional 2,860 shares during the last quarter. Apollon Wealth Management LLC raised its stake in Schwab US Broad Market ETF by 47.4% during the fourth quarter. Apollon Wealth Management LLC now owns 8,233 shares of the company’s stock valued at $458,000 after buying an additional 2,647 shares during the last quarter. Lincoln National Corp boosted its holdings in Schwab US Broad Market ETF by 98.7% in the fourth quarter. Lincoln National Corp now owns 11,857 shares of the company’s stock worth $660,000 after acquiring an additional 5,891 shares in the last quarter. Private Advisor Group LLC grew its stake in shares of Schwab US Broad Market ETF by 7.2% in the fourth quarter. Private Advisor Group LLC now owns 65,572 shares of the company’s stock worth $3,650,000 after acquiring an additional 4,425 shares during the last quarter. Finally, W.H. Cornerstone Investments Inc. bought a new position in shares of Schwab US Broad Market ETF during the fourth quarter valued at $553,000.

Schwab US Broad Market ETF Price Performance

Schwab US Broad Market ETF stock traded down $0.04 during mid-day trading on Wednesday, reaching $60.21. The stock had a trading volume of 524,131 shares, compared to its average volume of 852,915. Schwab US Broad Market ETF has a one year low of $47.46 and a one year high of $61.18. The company has a 50-day moving average price of $59.70 and a two-hundred day moving average price of $56.34. The company has a market capitalization of $27.66 billion, a price-to-earnings ratio of 24.20 and a beta of 1.03.

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.