Cherry Tree Wealth Management LLC Purchases 82,027 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Cherry Tree Wealth Management LLC lifted its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 197.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 123,549 shares of the company’s stock after acquiring an additional 82,027 shares during the period. Cherry Tree Wealth Management LLC’s holdings in Schwab US Broad Market ETF were worth $2,805,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in SCHB. Hengehold Capital Management LLC boosted its holdings in shares of Schwab US Broad Market ETF by 192.6% in the fourth quarter. Hengehold Capital Management LLC now owns 8,942,406 shares of the company’s stock worth $202,993,000 after acquiring an additional 5,886,366 shares during the period. Strid Group LLC raised its position in shares of Schwab US Broad Market ETF by 197.8% in the fourth quarter. Strid Group LLC now owns 8,530,226 shares of the company’s stock worth $193,636,000 after buying an additional 5,666,068 shares in the last quarter. Strategic Financial Concepts LLC raised its position in shares of Schwab US Broad Market ETF by 6,492.3% in the fourth quarter. Strategic Financial Concepts LLC now owns 4,959,692 shares of the company’s stock worth $112,585,000 after buying an additional 4,884,457 shares in the last quarter. Empower Advisory Group LLC raised its position in shares of Schwab US Broad Market ETF by 2,357.8% in the fourth quarter. Empower Advisory Group LLC now owns 4,892,270 shares of the company’s stock worth $111,055,000 after buying an additional 4,693,222 shares in the last quarter. Finally, HB Wealth Management LLC raised its position in shares of Schwab US Broad Market ETF by 192.5% in the fourth quarter. HB Wealth Management LLC now owns 6,505,668 shares of the company’s stock worth $147,681,000 after buying an additional 4,281,591 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB stock opened at $23.18 on Monday. Schwab US Broad Market ETF has a 52-week low of $19.14 and a 52-week high of $23.77. The company has a market capitalization of $33.15 billion, a PE ratio of 25.96 and a beta of 1.04. The business’s fifty day moving average is $23.20 and its 200 day moving average is $22.60.

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.