Canvas Wealth Advisors LLC Buys Shares of 18,124 Schwab US Broad Market ETF $SCHB

Canvas Wealth Advisors LLC purchased a new position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) in the first quarter, HoldingsChannel.com reports. The fund purchased 18,124 shares of the company’s stock, valued at approximately $455,000.

Several other large investors have also bought and sold shares of SCHB. Donaldson Capital Management LLC lifted its holdings in Schwab US Broad Market ETF by 14.3% during the fourth quarter. Donaldson Capital Management LLC now owns 192,702 shares of the company’s stock worth $5,055,000 after acquiring an additional 24,114 shares in the last quarter. Sunburst Financial Group LLC lifted its position in 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. Farrow Financial Inc. boosted 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. Farther Finance Advisors LLC boosted its stake in shares of Schwab US Broad Market ETF by 52.3% during the 4th quarter. Farther Finance Advisors LLC now owns 662,755 shares of the company’s stock worth $17,384,000 after buying an additional 227,602 shares during the last quarter. Finally, Dorato Capital Management acquired a new stake in shares of Schwab US Broad Market ETF in the fourth quarter valued at about $2,500,000.

Schwab US Broad Market ETF Trading Up 0.8%

NYSEARCA SCHB opened at $29.09 on Tuesday. Schwab US Broad Market ETF has a 12 month low of $23.83 and a 12 month high of $29.35. The stock has a 50 day moving average of $28.58 and a 200-day moving average of $27.10. The company has a market cap of $43.40 billion, a PE ratio of 25.08 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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.