Nalls Sherbakoff Group LLC purchased a new position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 808,772 shares of the company’s stock, valued at approximately $21,214,000. Schwab US Broad Market ETF accounts for about 15.3% of Nalls Sherbakoff Group LLC’s portfolio, making the stock its biggest holding.
Other large investors have also added to or reduced their stakes in the company. Financial Life Planners acquired a new position in shares of Schwab US Broad Market ETF in the third quarter valued at about $27,000. Birchwood Financial Partners Inc. acquired a new stake in shares of Schwab US Broad Market ETF during the fourth quarter worth about $28,000. Wiser Advisor Group LLC acquired a new stake in shares of Schwab US Broad Market ETF during the third quarter worth about $29,000. Bayban purchased a new stake in Schwab US Broad Market ETF in the fourth quarter valued at approximately $33,000. Finally, LRI Investments LLC purchased a new stake in Schwab US Broad Market ETF in the fourth quarter valued at approximately $35,000.
Schwab US Broad Market ETF Stock Performance
Shares of NYSEARCA:SCHB opened at $28.97 on Friday. Schwab US Broad Market ETF has a twelve month low of $22.88 and a twelve month high of $29.35. The company has a market cap of $42.84 billion, a PE ratio of 25.08 and a beta of 1.02. The company’s 50 day moving average is $28.20 and its 200 day moving average is $26.91.
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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.
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