BCS Wealth Management Takes $3.19 Million Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

BCS Wealth Management purchased a new stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) during the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 140,688 shares of the company’s stock, valued at approximately $3,194,000.

A number of other institutional investors also recently bought and sold shares of SCHB. Versant Capital Management Inc lifted its stake in shares of Schwab US Broad Market ETF by 201.0% in the 4th quarter. Versant Capital Management Inc now owns 14,004 shares of the company’s stock valued at $318,000 after purchasing an additional 9,352 shares during the period. Fulcrum Equity Management raised its holdings in Schwab US Broad Market ETF by 6.3% in the third quarter. Fulcrum Equity Management now owns 11,192 shares of the company’s stock worth $744,000 after purchasing an additional 668 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new position in Schwab US Broad Market ETF during the third quarter valued at $703,000. Franklin Resources Inc. boosted its holdings in shares of Schwab US Broad Market ETF by 952.4% during the 3rd quarter. Franklin Resources Inc. now owns 4,420 shares of the company’s stock valued at $294,000 after buying an additional 4,000 shares in the last quarter. Finally, Tudor Financial Inc. purchased a new stake in shares of Schwab US Broad Market ETF in the 3rd quarter worth about $996,000.

Schwab US Broad Market ETF Price Performance

Shares of Schwab US Broad Market ETF stock opened at $22.54 on Tuesday. Schwab US Broad Market ETF has a 1 year low of $18.25 and a 1 year high of $23.73. The firm has a market cap of $10.36 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. The company has a 50-day moving average of $23.12 and a 200 day moving average of $22.14.

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.