Wavvest Wealth LLC Makes New $495,000 Investment in Schwab US Broad Market ETF $SCHB

Wavvest Wealth LLC purchased a new stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 16,895 shares of the company’s stock, valued at approximately $495,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Hengehold Capital Management LLC acquired a new position in shares of Schwab US Broad Market ETF in the 3rd quarter valued at $222,931,000. Hanson & Doremus Investment Management boosted its position in shares of Schwab US Broad Market ETF by 1.3% during the 3rd quarter. Hanson & Doremus Investment Management now owns 7,130,203 shares of the company’s stock valued at $208,986,000 after acquiring an additional 94,860 shares in the last quarter. Forvis Mazars Wealth Advisors LLC acquired a new stake in shares of Schwab US Broad Market ETF during the 3rd quarter valued at about $175,355,000. Evergreen Advisors LLC boosted its position in shares of Schwab US Broad Market ETF by 1.8% during the 1st quarter. Evergreen Advisors LLC now owns 6,280,152 shares of the company’s stock valued at $157,632,000 after acquiring an additional 112,717 shares in the last quarter. Finally, HHM Wealth Advisors LLC boosted its position in shares of Schwab US Broad Market ETF by 2.2% during the 1st quarter. HHM Wealth Advisors LLC now owns 5,146,591 shares of the company’s stock valued at $129,179,000 after acquiring an additional 108,943 shares in the last quarter.

Schwab US Broad Market ETF Stock Up 0.6%

NYSEARCA SCHB opened at $29.69 on Thursday. The stock has a market cap of $45.05 billion, a P/E ratio of 25.08 and a beta of 1.02. The company’s 50-day simple moving average is $29.60 and its 200 day simple moving average is $28.83. Schwab US Broad Market ETF has a twelve month low of $24.28 and a twelve month high of $30.15.

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.