Wealthcare Capital Management LLC Invests $660,000 in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Wealthcare Capital Management LLC purchased a new stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) in the fourth quarter, Holdings Channel.com reports. The firm purchased 29,076 shares of the company’s stock, valued at approximately $660,000.

A number of other hedge funds have also recently bought and sold shares of the business. Strategic Investment Solutions Inc. IL bought a new stake in shares of Schwab US Broad Market ETF in the second quarter worth $28,000. Global Financial Private Client LLC grew its holdings in Schwab US Broad Market ETF by 200.0% during the 4th quarter. Global Financial Private Client LLC now owns 1,332 shares of the company’s stock worth $30,000 after acquiring an additional 888 shares in the last quarter. GAMMA Investing LLC increased its position in shares of Schwab US Broad Market ETF by 200.0% in the 4th quarter. GAMMA Investing LLC now owns 1,446 shares of the company’s stock worth $33,000 after purchasing an additional 964 shares during the last quarter. Marquette Asset Management LLC increased its position in shares of Schwab US Broad Market ETF by 200.0% in the 4th quarter. Marquette Asset Management LLC now owns 1,593 shares of the company’s stock worth $36,000 after purchasing an additional 1,062 shares during the last quarter. Finally, Godsey & Gibb Inc. grew its stake in Schwab US Broad Market ETF by 200.0% in the fourth quarter. Godsey & Gibb Inc. now owns 2,103 shares of the company’s stock worth $48,000 after purchasing an additional 1,402 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

Shares of SCHB opened at $22.97 on Friday. Schwab US Broad Market ETF has a 12-month low of $18.25 and a 12-month high of $23.73. The business’s fifty day moving average price is $23.12 and its 200 day moving average price is $22.16. The stock has a market capitalization of $10.56 billion, a PE ratio of 25.24 and a beta of 1.02.

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.