Schwab US Broad Market ETF $SCHB Shares Bought by Robinson Smith Wealth Advisors LLC

Robinson Smith Wealth Advisors LLC grew its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 5.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,073,612 shares of the company’s stock after buying an additional 54,271 shares during the period. Schwab US Broad Market ETF accounts for about 19.2% of Robinson Smith Wealth Advisors LLC’s holdings, making the stock its biggest holding. Robinson Smith Wealth Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $28,161,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Financial Life Planners acquired a new stake in shares of Schwab US Broad Market ETF in the third quarter valued at about $27,000. Wiser Advisor Group LLC acquired a new stake in Schwab US Broad Market ETF during the third quarter worth approximately $29,000. LRI Investments LLC acquired a new stake in Schwab US Broad Market ETF during the fourth quarter worth approximately $35,000. International Assets Investment Management LLC acquired a new stake in Schwab US Broad Market ETF during the fourth quarter worth approximately $52,000. Finally, Hantz Financial Services Inc. acquired a new stake in Schwab US Broad Market ETF during the fourth quarter worth approximately $52,000.

Schwab US Broad Market ETF Price Performance

NYSEARCA SCHB opened at $28.73 on Monday. The business has a 50 day simple moving average of $26.79 and a 200 day simple moving average of $26.50. Schwab US Broad Market ETF has a one year low of $22.16 and a one year high of $28.85. The stock has a market capitalization of $42.48 billion, a P/E ratio of 25.08 and a beta of 1.02.

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.