Focus Partners Wealth Acquires 1,485,838 Shares of Schwab US Broad Market ETF $SCHB

Focus Partners Wealth grew its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 130.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,626,053 shares of the company’s stock after acquiring an additional 1,485,838 shares during the period. Focus Partners Wealth owned about 0.18% of Schwab US Broad Market ETF worth $68,881,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Sunburst Financial Group LLC grew its position in shares of Schwab US Broad Market ETF by 1.9% in the 4th quarter. Sunburst Financial Group LLC now owns 2,126,176 shares of the company’s stock valued at $55,770,000 after acquiring an additional 39,321 shares during the period. Donaldson Capital Management LLC grew its position in shares of Schwab US Broad Market ETF by 14.3% in 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 period. Farrow Financial Inc. lifted 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 during the last quarter. Dorato Capital Management acquired a new stake in shares of Schwab US Broad Market ETF during the 4th quarter worth about $2,500,000. Finally, Sjbenen Advisory LLC acquired a new stake in shares of Schwab US Broad Market ETF during the 4th quarter worth about $2,758,000.

Schwab US Broad Market ETF Stock Performance

NYSEARCA:SCHB opened at $28.69 on Monday. The stock has a market cap of $42.42 billion, a P/E ratio of 25.08 and a beta of 1.02. The stock has a 50 day simple moving average of $27.86 and a 200 day simple moving average of $26.82. Schwab US Broad Market ETF has a 1-year low of $22.88 and a 1-year 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.