Connectus Wealth LLC Trims Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Connectus Wealth LLC reduced its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHBFree Report) by 0.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 20,546 shares of the company’s stock after selling 190 shares during the period. Connectus Wealth LLC’s holdings in Schwab US Broad Market ETF were worth $1,144,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Traction Financial Partners LLC acquired a new stake in Schwab US Broad Market ETF during the fourth quarter worth about $281,000. Morningstar Investment Services LLC increased its holdings in shares of Schwab US Broad Market ETF by 114.4% during the 4th quarter. Morningstar Investment Services LLC now owns 1,425,586 shares of the company’s stock valued at $79,705,000 after purchasing an additional 760,762 shares in the last quarter. Cetera Advisor Networks LLC increased its holdings in shares of Schwab US Broad Market ETF by 20.3% during the 4th quarter. Cetera Advisor Networks LLC now owns 88,449 shares of the company’s stock valued at $4,924,000 after purchasing an additional 14,924 shares in the last quarter. Belpointe Asset Management LLC lifted its stake in shares of Schwab US Broad Market ETF by 12.8% in the 4th quarter. Belpointe Asset Management LLC now owns 14,466 shares of the company’s stock valued at $805,000 after purchasing an additional 1,637 shares during the period. Finally, Rollins Financial Advisors LLC purchased a new stake in Schwab US Broad Market ETF during the fourth quarter worth $493,000.

Schwab US Broad Market ETF Stock Performance

SCHB stock opened at $61.97 on Tuesday. The firm’s fifty day moving average is $60.24 and its 200 day moving average is $58.14. The firm has a market cap of $28.49 billion, a PE ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a one year low of $47.46 and a one year high of $62.07.

About Schwab US Broad Market ETF

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Schwab US Broad Market ETF (NYSEARCA:SCHB)

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