Values Added Financial LLC Buys 651 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Values Added Financial LLC boosted its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 1.8% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 36,409 shares of the company’s stock after purchasing an additional 651 shares during the period. Schwab US Broad Market ETF comprises approximately 1.7% of Values Added Financial LLC’s investment portfolio, making the stock its 19th biggest holding. Values Added Financial LLC’s holdings in Schwab US Broad Market ETF were worth $2,027,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in SCHB. Geneos Wealth Management Inc. lifted its holdings in Schwab US Broad Market ETF by 100.8% during the first quarter. Geneos Wealth Management Inc. now owns 488 shares of the company’s stock valued at $26,000 after purchasing an additional 245 shares during the last quarter. Oxford Financial Group Ltd. lifted its holdings in shares of Schwab US Broad Market ETF by 100.0% in the first quarter. Oxford Financial Group Ltd. now owns 506 shares of the company’s stock worth $27,000 after buying an additional 253 shares in the last quarter. Worth Asset Management LLC purchased a new stake in shares of Schwab US Broad Market ETF in the first quarter worth about $27,000. Lee Financial Co purchased a new stake in shares of Schwab US Broad Market ETF in the third quarter worth about $35,000. Finally, Creative Financial Designs Inc. ADV lifted its holdings in shares of Schwab US Broad Market ETF by 55.3% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 621 shares of the company’s stock worth $35,000 after buying an additional 221 shares in the last quarter.

Schwab US Broad Market ETF Trading Up 0.1 %

Shares of Schwab US Broad Market ETF stock opened at $61.05 on Friday. Schwab US Broad Market ETF has a 12-month low of $46.57 and a 12-month high of $61.18. The company has a market cap of $27.19 billion, a price-to-earnings ratio of 17.59 and a beta of 1.03. The company’s 50-day moving average price is $58.72 and its 200-day moving average price is $54.50.

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.