SteelPeak Wealth LLC Purchases 48,893 Shares of Schwab US Broad Market ETF $SCHB

SteelPeak Wealth LLC lifted its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 187.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 74,909 shares of the company’s stock after buying an additional 48,893 shares during the quarter. SteelPeak Wealth LLC’s holdings in Schwab US Broad Market ETF were worth $1,965,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Gallagher Fiduciary Advisors LLC boosted its holdings in Schwab US Broad Market ETF by 2,295.8% during the second quarter. Gallagher Fiduciary Advisors LLC now owns 64,764,324 shares of the company’s stock valued at $1,543,334,000 after acquiring an additional 62,061,116 shares during the period. Rebalance LLC increased its stake in shares of Schwab US Broad Market ETF by 3.3% in the fourth quarter. Rebalance LLC now owns 14,963,211 shares of the company’s stock worth $392,485,000 after purchasing an additional 483,144 shares during the period. Strid Group LLC lifted its position in shares of Schwab US Broad Market ETF by 0.7% during the 3rd quarter. Strid Group LLC now owns 8,716,201 shares of the company’s stock worth $224,094,000 after purchasing an additional 57,964 shares during the last quarter. Bouchey Financial Group Ltd lifted its position in shares of Schwab US Broad Market ETF by 0.5% during the 3rd quarter. Bouchey Financial Group Ltd now owns 8,318,386 shares of the company’s stock worth $213,866,000 after purchasing an additional 42,459 shares during the last quarter. Finally, HighTower Advisors LLC boosted its stake in Schwab US Broad Market ETF by 0.5% during the 3rd quarter. HighTower Advisors LLC now owns 7,776,997 shares of the company’s stock valued at $199,946,000 after purchasing an additional 38,658 shares during the period.

Schwab US Broad Market ETF Price Performance

SCHB opened at $25.33 on Friday. The firm has a market capitalization of $37.25 billion, a P/E ratio of 25.08 and a beta of 1.02. The stock’s 50 day moving average price is $26.07 and its two-hundred day moving average price is $26.09. Schwab US Broad Market ETF has a 12-month low of $18.52 and a 12-month high of $26.94.

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.