IFP Advisors Inc Increases Position in Schwab US Broad Market ETF $SCHB

IFP Advisors Inc raised its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 13.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 569,737 shares of the company’s stock after buying an additional 67,758 shares during the period. IFP Advisors Inc’s holdings in Schwab US Broad Market ETF were worth $14,944,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Donaldson Capital Management LLC boosted its position in shares of 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 valued at $5,055,000 after buying an additional 24,114 shares during the period. Sunburst Financial Group LLC boosted its position in shares of Schwab US Broad Market ETF by 1.9% during the fourth quarter. Sunburst Financial Group LLC now owns 2,126,176 shares of the company’s stock valued at $55,770,000 after buying an additional 39,321 shares during the period. ELCO Management Co. LLC boosted its position in shares of Schwab US Broad Market ETF by 15.9% during the third quarter. ELCO Management Co. LLC now owns 168,506 shares of the company’s stock valued at $4,332,000 after buying an additional 23,150 shares during the period. Dorato Capital Management purchased a new position in shares of Schwab US Broad Market ETF during the fourth quarter valued at approximately $2,500,000. Finally, Belpointe Asset Management LLC boosted its position in shares of Schwab US Broad Market ETF by 102.2% during the third quarter. Belpointe Asset Management LLC now owns 138,864 shares of the company’s stock valued at $3,570,000 after buying an additional 70,203 shares during the period.

Schwab US Broad Market ETF Stock Performance

Schwab US Broad Market ETF stock opened at $28.19 on Wednesday. The company has a 50 day moving average price of $26.63 and a 200-day moving average price of $26.45. Schwab US Broad Market ETF has a fifty-two week low of $22.16 and a fifty-two week high of $28.85. The company has a market capitalization of $41.68 billion, a PE ratio of 25.08 and a beta of 1.02.

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.