Novare Capital Management LLC Grows Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Novare Capital Management LLC grew its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 204.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 172,417 shares of the company’s stock after purchasing an additional 115,793 shares during the quarter. Novare Capital Management LLC’s holdings in Schwab US Broad Market ETF were worth $3,914,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Cypress Point Wealth Management LLC boosted its position in Schwab US Broad Market ETF by 160.8% during the fourth quarter. Cypress Point Wealth Management LLC now owns 172,411 shares of the company’s stock worth $3,914,000 after purchasing an additional 106,292 shares in the last quarter. Embree Financial Group raised its stake in shares of Schwab US Broad Market ETF by 176.0% during the 4th quarter. Embree Financial Group now owns 359,094 shares of the company’s stock worth $8,151,000 after buying an additional 228,967 shares during the period. Rockwood Wealth Management LLC purchased a new position in shares of Schwab US Broad Market ETF during the 4th quarter valued at approximately $214,000. Crescent Grove Advisors LLC grew its stake in Schwab US Broad Market ETF by 200.0% in the 4th quarter. Crescent Grove Advisors LLC now owns 12,000 shares of the company’s stock valued at $272,000 after acquiring an additional 8,000 shares during the period. Finally, RTD Financial Advisors Inc. increased its holdings in Schwab US Broad Market ETF by 200.0% in the 4th quarter. RTD Financial Advisors Inc. now owns 144,143 shares of the company’s stock worth $3,272,000 after acquiring an additional 96,098 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

NYSEARCA:SCHB opened at $23.60 on Friday. The company has a fifty day moving average of $23.16 and a two-hundred day moving average of $22.26. Schwab US Broad Market ETF has a fifty-two week low of $18.75 and a fifty-two week high of $23.73. The stock has a market capitalization of $10.85 billion, a PE ratio of 25.24 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.