Diversify Wealth Management LLC Has $1.04 Million Stake in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Diversify Wealth Management LLC cut its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 9.3% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 46,216 shares of the company’s stock after selling 4,734 shares during the quarter. Diversify Wealth Management LLC’s holdings in Schwab US Broad Market ETF were worth $1,040,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Burkett Financial Services LLC raised its stake in Schwab US Broad Market ETF by 1.4% during the third quarter. Burkett Financial Services LLC now owns 13,482 shares of the company’s stock worth $897,000 after acquiring an additional 183 shares in the last quarter. Carnegie Investment Counsel grew its holdings in shares of Schwab US Broad Market ETF by 1.5% during the 3rd quarter. Carnegie Investment Counsel now owns 13,392 shares of the company’s stock valued at $891,000 after purchasing an additional 195 shares during the last quarter. Evanson Asset Management LLC increased its position in Schwab US Broad Market ETF by 1.8% during the 3rd quarter. Evanson Asset Management LLC now owns 11,285 shares of the company’s stock worth $751,000 after purchasing an additional 198 shares in the last quarter. Long Island Wealth Management Inc. lifted its stake in Schwab US Broad Market ETF by 0.4% in the 2nd quarter. Long Island Wealth Management Inc. now owns 61,575 shares of the company’s stock valued at $3,871,000 after purchasing an additional 262 shares during the last quarter. Finally, Valeo Financial Advisors LLC boosted its position in Schwab US Broad Market ETF by 5.6% in the third quarter. Valeo Financial Advisors LLC now owns 5,489 shares of the company’s stock valued at $365,000 after buying an additional 292 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

NYSEARCA SCHB opened at $23.21 on Tuesday. The firm’s fifty day moving average price is $23.12 and its two-hundred day moving average price is $22.21. The stock has a market cap of $10.67 billion, a PE ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a fifty-two week low of $18.34 and a fifty-two week high of $23.73.

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.