Axxcess Wealth Management LLC Purchases 24,294 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Axxcess Wealth Management LLC raised its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 199.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 36,452 shares of the company’s stock after purchasing an additional 24,294 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Schwab US Broad Market ETF were worth $827,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in SCHB. Promus Capital LLC purchased a new stake in shares of Schwab US Broad Market ETF in the 4th quarter worth $25,000. Blume Capital Management Inc. grew its holdings in Schwab US Broad Market ETF by 200.3% during the fourth quarter. Blume Capital Management Inc. now owns 1,111 shares of the company’s stock valued at $25,000 after purchasing an additional 741 shares during the period. Maryland Capital Advisors Inc. grew its holdings in Schwab US Broad Market ETF by 200.0% during the fourth quarter. Maryland Capital Advisors Inc. now owns 1,161 shares of the company’s stock valued at $26,000 after purchasing an additional 774 shares during the period. Wiser Advisor Group LLC increased its position in Schwab US Broad Market ETF by 200.8% in the fourth quarter. Wiser Advisor Group LLC now owns 1,176 shares of the company’s stock worth $27,000 after buying an additional 785 shares in the last quarter. Finally, Jackson Grant Investment Advisers Inc. raised its stake in shares of Schwab US Broad Market ETF by 201.0% in the fourth quarter. Jackson Grant Investment Advisers Inc. now owns 1,249 shares of the company’s stock worth $28,000 after buying an additional 834 shares during the period.

Schwab US Broad Market ETF Stock Down 0.3 %

SCHB stock opened at $21.82 on Friday. The business’s 50-day moving average price is $22.89 and its 200-day moving average price is $22.69. The stock has a market cap of $31.20 billion, a P/E ratio of 23.90 and a beta of 1.05. Schwab US Broad Market ETF has a twelve month low of $19.14 and a twelve month high of $23.77.

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.