Compound Planning Inc. Has $17.25 Million Stock Holdings in Schwab US Broad Market ETF $SCHB

Compound Planning Inc. increased its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 3.1% during the 4th quarter, Holdings Channel reports. The fund owned 657,681 shares of the company’s stock after buying an additional 19,540 shares during the quarter. Compound Planning Inc.’s holdings in Schwab US Broad Market ETF were worth $17,251,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Evergreen Advisors LLC bought a new stake in Schwab US Broad Market ETF in the fourth quarter valued at approximately $161,772,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in shares of Schwab US Broad Market ETF in the 4th quarter valued at $77,479,000. Boulder Wealth Advisors LLC bought a new stake in shares of Schwab US Broad Market ETF in the 3rd quarter valued at $40,435,000. Appalachian Capital Management Ltd acquired a new stake in Schwab US Broad Market ETF during the 4th quarter worth $40,815,000. Finally, Focus Partners Wealth raised its stake in Schwab US Broad Market ETF by 130.3% during the 4th quarter. Focus Partners Wealth now owns 2,626,053 shares of the company’s stock worth $68,881,000 after buying an additional 1,485,838 shares during the period.

Schwab US Broad Market ETF Trading Up 1.1%

SCHB stock opened at $28.97 on Friday. The business’s 50-day moving average price is $28.14 and its two-hundred day moving average price is $26.90. The firm has a market cap of $42.84 billion, a PE 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.