Benchmark Wealth Management LLC Acquires 138,517 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Benchmark Wealth Management LLC grew its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 226.5% in the 4th quarter, Holdings Channel reports. The fund owned 199,659 shares of the company’s stock after buying an additional 138,517 shares during the period. Schwab US Broad Market ETF accounts for 2.2% of Benchmark Wealth Management LLC’s investment portfolio, making the stock its 13th largest holding. Benchmark Wealth Management LLC’s holdings in Schwab US Broad Market ETF were worth $4,532,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in SCHB. Strategic Financial Concepts LLC boosted its position in Schwab US Broad Market ETF by 6,212.4% in the second quarter. Strategic Financial Concepts LLC now owns 4,696,336 shares of the company’s stock valued at $291,000 after buying an additional 4,621,937 shares in the last quarter. Rebalance LLC boosted its holdings in shares of Schwab US Broad Market ETF by 4.6% during the 3rd quarter. Rebalance LLC now owns 3,824,414 shares of the company’s stock valued at $254,400,000 after acquiring an additional 167,787 shares in the last quarter. Hengehold Capital Management LLC grew its position in Schwab US Broad Market ETF by 1.3% during the 3rd quarter. Hengehold Capital Management LLC now owns 3,056,040 shares of the company’s stock worth $203,288,000 after acquiring an additional 38,823 shares during the last quarter. Strid Group LLC increased its holdings in Schwab US Broad Market ETF by 4.0% in the 3rd quarter. Strid Group LLC now owns 2,864,158 shares of the company’s stock worth $190,524,000 after purchasing an additional 111,281 shares in the last quarter. Finally, HighTower Advisors LLC raised its position in Schwab US Broad Market ETF by 7.8% in the third quarter. HighTower Advisors LLC now owns 2,660,625 shares of the company’s stock valued at $177,000,000 after purchasing an additional 191,480 shares during the last quarter.

Schwab US Broad Market ETF Stock Performance

Shares of Schwab US Broad Market ETF stock traded down $0.32 on Tuesday, hitting $22.77. The stock had a trading volume of 3,705,220 shares, compared to its average volume of 3,839,111. The stock has a 50 day moving average of $23.07 and a 200 day moving average of $22.08. The firm has a market capitalization of $10.47 billion, a P/E ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a twelve month low of $18.23 and a twelve month high of $23.73.

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.