Kestra Private Wealth Services LLC Grows Stock Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Kestra Private Wealth Services LLC increased its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 16.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 23,868 shares of the company’s stock after buying an additional 3,397 shares during the period. Kestra Private Wealth Services LLC’s holdings in Schwab US Broad Market ETF were worth $1,329,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Commonwealth Equity Services LLC raised its position in shares of Schwab US Broad Market ETF by 2.7% during the third quarter. Commonwealth Equity Services LLC now owns 194,085 shares of the company’s stock valued at $9,675,000 after buying an additional 5,129 shares during the last quarter. Pinnacle Associates Ltd. increased its holdings in Schwab US Broad Market ETF by 1.0% in the 3rd quarter. Pinnacle Associates Ltd. now owns 34,169 shares of the company’s stock valued at $1,703,000 after acquiring an additional 322 shares during the last quarter. Dakota Wealth Management purchased a new stake in Schwab US Broad Market ETF in the 3rd quarter worth $288,000. Raymond James & Associates boosted its holdings in shares of Schwab US Broad Market ETF by 11.0% during the 3rd quarter. Raymond James & Associates now owns 144,375 shares of the company’s stock valued at $7,197,000 after purchasing an additional 14,276 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. boosted its holdings in shares of Schwab US Broad Market ETF by 5.4% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 158,300 shares of the company’s stock valued at $7,891,000 after purchasing an additional 8,100 shares during the last quarter.

Schwab US Broad Market ETF Trading Up 1.2 %

Shares of SCHB stock opened at $59.54 on Friday. The stock has a market capitalization of $27.35 billion, a price-to-earnings ratio of 24.20 and a beta of 1.03. Schwab US Broad Market ETF has a 12-month low of $46.92 and a 12-month high of $61.18. The stock’s 50-day moving average price is $59.63 and its 200-day moving average price is $56.08.

Schwab US Broad Market ETF Company 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.