Clear Retirement Advice LLC Makes New Investment in Schwab US Broad Market ETF $SCHB

Clear Retirement Advice LLC bought a new position in Schwab US Broad Market ETF (NYSEARCA:SCHB) during the fourth quarter, Holdings Channel.com reports. The firm bought 71,659 shares of the company’s stock, valued at approximately $1,895,000. Schwab US Broad Market ETF makes up about 1.5% of Clear Retirement Advice LLC’s portfolio, making the stock its 18th biggest holding.

Several other institutional investors also recently added to or reduced their stakes in SCHB. Financial Life Planners bought a new position in Schwab US Broad Market ETF during the third quarter valued at $27,000. Birchwood Financial Partners Inc. purchased a new position in Schwab US Broad Market ETF during the 4th quarter valued at about $28,000. Wiser Advisor Group LLC purchased a new position in Schwab US Broad Market ETF during the third quarter valued at approximately $29,000. LRI Investments LLC bought a new position in shares of Schwab US Broad Market ETF in the fourth quarter worth $35,000. Finally, Basepoint Wealth LLC bought a new position in Schwab US Broad Market ETF in the 4th quarter worth about $38,000.

Schwab US Broad Market ETF Price Performance

Shares of SCHB opened at $28.97 on Friday. The firm’s 50 day simple moving average is $28.14 and its 200 day simple moving average is $26.90. The company has a market capitalization of $42.84 billion, a P/E ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 1-year low of $22.88 and a 1-year 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.