Ameriprise Financial Inc. Acquires 306,174 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Ameriprise Financial Inc. raised its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 222.2% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 443,973 shares of the company’s stock after acquiring an additional 306,174 shares during the period. Ameriprise Financial Inc. owned about 0.10% of Schwab US Broad Market ETF worth $10,078,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Valeo Financial Advisors LLC increased its position in shares of Schwab US Broad Market ETF by 200.0% during the 4th quarter. Valeo Financial Advisors LLC now owns 16,468 shares of the company’s stock worth $374,000 after purchasing an additional 10,979 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC boosted its stake in Schwab US Broad Market ETF by 194.3% in the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 25,146 shares of the company’s stock valued at $571,000 after purchasing an additional 16,602 shares during the period. Stratos Wealth Partners LTD. lifted its position in shares of Schwab US Broad Market ETF by 173.4% during the 4th quarter. Stratos Wealth Partners LTD. now owns 23,131 shares of the company’s stock valued at $525,000 after acquiring an additional 14,672 shares during the period. Rockefeller Capital Management L.P. lifted its position in shares of Schwab US Broad Market ETF by 218.6% during the 4th quarter. Rockefeller Capital Management L.P. now owns 79,613 shares of the company’s stock valued at $1,807,000 after acquiring an additional 54,625 shares during the period. Finally, Quadrant Capital Group LLC lifted its position in shares of Schwab US Broad Market ETF by 118.4% during the 4th quarter. Quadrant Capital Group LLC now owns 173,141 shares of the company’s stock valued at $3,930,000 after acquiring an additional 93,852 shares during the period.

Schwab US Broad Market ETF Stock Up 0.0%

Shares of SCHB stock opened at $22.95 on Tuesday. Schwab US Broad Market ETF has a twelve month low of $18.53 and a twelve month high of $23.77. The company has a market cap of $33.05 billion, a P/E ratio of 25.46 and a beta of 1.03. The business has a fifty day simple moving average of $21.28 and a 200 day simple moving average of $22.46.

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.