Financial Synergies Wealth Advisors Inc. Acquires 10,506 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Financial Synergies Wealth Advisors Inc. raised its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,755 shares of the company’s stock after acquiring an additional 10,506 shares during the period. Financial Synergies Wealth Advisors Inc.’s holdings in Schwab US Broad Market ETF were worth $358,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in SCHB. Carnegie Investment Counsel grew its position in Schwab US Broad Market ETF by 1.5% during the third quarter. Carnegie Investment Counsel now owns 13,392 shares of the company’s stock valued at $891,000 after buying an additional 195 shares during the period. Valeo Financial Advisors LLC boosted its position in shares of Schwab US Broad Market ETF by 5.6% during the 3rd quarter. Valeo Financial Advisors LLC now owns 5,489 shares of the company’s stock valued at $365,000 after acquiring an additional 292 shares during the last quarter. Successful Portfolios LLC increased its position in shares of Schwab US Broad Market ETF by 0.6% in the third quarter. Successful Portfolios LLC now owns 72,259 shares of the company’s stock worth $4,807,000 after purchasing an additional 407 shares during the last quarter. Equita Financial Network Inc. raised its stake in Schwab US Broad Market ETF by 0.5% in the third quarter. Equita Financial Network Inc. now owns 93,643 shares of the company’s stock valued at $6,229,000 after purchasing an additional 451 shares in the last quarter. Finally, Citizens Financial Group Inc. RI raised its stake in Schwab US Broad Market ETF by 3.7% in the third quarter. Citizens Financial Group Inc. RI now owns 13,290 shares of the company’s stock valued at $884,000 after purchasing an additional 470 shares in the last quarter.

Schwab US Broad Market ETF Stock Up 0.3 %

SCHB opened at $23.55 on Friday. The business’s fifty day simple moving average is $23.20 and its 200 day simple moving average is $22.37. Schwab US Broad Market ETF has a 52 week low of $19.04 and a 52 week high of $23.73. The stock has a market cap of $10.83 billion, a PE ratio of 25.24 and a beta of 1.02.

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.