Kestra Private Wealth Services LLC Boosts Stake in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Kestra Private Wealth Services LLC lifted its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 16.6% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 23,868 shares of the company’s stock after purchasing an additional 3,397 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Schwab US Broad Market ETF were worth $1,329,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Lee Financial Co purchased a new stake in shares of Schwab US Broad Market ETF in the third quarter worth about $35,000. Creative Financial Designs Inc. ADV lifted its holdings in Schwab US Broad Market ETF by 55.3% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 621 shares of the company’s stock valued at $35,000 after acquiring an additional 221 shares during the period. BKM Wealth Management LLC purchased a new stake in Schwab US Broad Market ETF in the 4th quarter worth approximately $41,000. Bfsg LLC acquired a new stake in shares of Schwab US Broad Market ETF during the 4th quarter worth approximately $41,000. Finally, Evolution Advisers Inc. grew its stake in shares of Schwab US Broad Market ETF by 33.8% during the 4th quarter. Evolution Advisers Inc. now owns 756 shares of the company’s stock worth $42,000 after purchasing an additional 191 shares during the period.

Schwab US Broad Market ETF Price Performance

SCHB opened at $59.54 on Friday. The firm has a fifty day moving average price of $59.63 and a 200 day moving average price of $56.08. Schwab US Broad Market ETF has a 1 year low of $46.92 and a 1 year high of $61.18. The stock has a market cap of $27.35 billion, a P/E ratio of 24.20 and a beta of 1.03.

Schwab US Broad Market ETF Company 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.