Kingswood Wealth Advisors LLC Increases Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Kingswood Wealth Advisors LLC grew its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 313.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 101,035 shares of the company’s stock after purchasing an additional 76,622 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $2,294,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Armbruster Capital Management Inc. increased its position in Schwab US Broad Market ETF by 197.8% during the fourth quarter. Armbruster Capital Management Inc. now owns 25,468 shares of the company’s stock worth $578,000 after purchasing an additional 16,916 shares during the last quarter. Peak Financial Management Inc. increased its holdings in shares of Schwab US Broad Market ETF by 209.2% during the 4th quarter. Peak Financial Management Inc. now owns 433,472 shares of the company’s stock worth $9,840,000 after buying an additional 293,274 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its position in shares of Schwab US Broad Market ETF by 200.0% during the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 93,519 shares of the company’s stock valued at $2,123,000 after buying an additional 62,345 shares during the period. OLIO Financial Planning grew its position in Schwab US Broad Market ETF by 160.1% in the fourth quarter. OLIO Financial Planning now owns 25,676 shares of the company’s stock worth $583,000 after acquiring an additional 15,803 shares during the period. Finally, Novare Capital Management LLC increased its stake in Schwab US Broad Market ETF by 204.5% during the fourth quarter. Novare Capital Management LLC now owns 172,417 shares of the company’s stock worth $3,914,000 after acquiring an additional 115,793 shares during the last quarter.

Schwab US Broad Market ETF Stock Down 1.4 %

NYSEARCA:SCHB opened at $23.27 on Tuesday. The company has a market capitalization of $10.70 billion, a P/E ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a 52 week low of $18.75 and a 52 week high of $23.73. The stock’s fifty day moving average is $23.16 and its two-hundred day moving average is $22.27.

Schwab US Broad Market ETF 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.