Gilpin Wealth Management LLC Buys New Position in Schwab US Broad Market ETF $SCHB

Gilpin Wealth Management LLC bought a new stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 33,884 shares of the company’s stock, valued at approximately $889,000.

A number of other large investors have also recently made changes to their positions in SCHB. Donaldson Capital Management LLC raised its stake in Schwab US Broad Market ETF by 14.3% during the 4th quarter. Donaldson Capital Management LLC now owns 192,702 shares of the company’s stock valued at $5,055,000 after acquiring an additional 24,114 shares during the last quarter. Sunburst Financial Group LLC raised its stake in shares of Schwab US Broad Market ETF by 1.9% during the 4th quarter. Sunburst Financial Group LLC now owns 2,126,176 shares of the company’s stock worth $55,770,000 after buying an additional 39,321 shares in the last quarter. Dorato Capital Management purchased a new position in shares of Schwab US Broad Market ETF during the 4th quarter worth approximately $2,500,000. Farrow Financial Inc. raised its stake in shares of Schwab US Broad Market ETF by 47.1% during the 4th quarter. Farrow Financial Inc. now owns 83,285 shares of the company’s stock worth $2,185,000 after buying an additional 26,673 shares in the last quarter. Finally, Sjbenen Advisory LLC purchased a new position in shares of Schwab US Broad Market ETF during the 4th quarter worth approximately $2,758,000.

Schwab US Broad Market ETF Trading Down 1.6%

Shares of SCHB stock opened at $28.03 on Thursday. The company has a market cap of $41.45 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. The stock has a 50 day simple moving average of $27.72 and a 200-day simple moving average of $26.78. Schwab US Broad Market ETF has a 12-month low of $22.88 and a 12-month high of $29.35.

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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.