Schwab US Broad Market ETF (NYSEARCA:SCHB) Holdings Increased by Meridian Wealth Partners LLC

Meridian Wealth Partners LLC raised its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 0.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 346,540 shares of the company’s stock after acquiring an additional 1,110 shares during the quarter. Schwab US Broad Market ETF makes up 3.7% of Meridian Wealth Partners LLC’s portfolio, making the stock its 7th biggest holding. Meridian Wealth Partners LLC’s holdings in Schwab US Broad Market ETF were worth $19,292,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Lee Financial Co purchased a new position in shares of Schwab US Broad Market ETF during the third quarter worth approximately $35,000. Creative Financial Designs Inc. ADV increased its position in Schwab US Broad Market ETF by 55.3% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 621 shares of the company’s stock valued at $35,000 after purchasing an additional 221 shares during the period. BKM Wealth Management LLC purchased a new position in shares of Schwab US Broad Market ETF in the 4th quarter valued at $41,000. Bfsg LLC purchased a new stake in Schwab US Broad Market ETF during the fourth quarter valued at approximately $41,000. Finally, Evolution Advisers Inc. boosted its holdings in Schwab US Broad Market ETF by 33.8% in the fourth quarter. Evolution Advisers Inc. now owns 756 shares of the company’s stock worth $42,000 after acquiring an additional 191 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

Schwab US Broad Market ETF stock traded up $0.51 during mid-day trading on Friday, reaching $59.11. 534,844 shares of the company traded hands, compared to its average volume of 863,003. The firm’s fifty day moving average is $59.59 and its two-hundred day moving average is $55.82. The company has a market capitalization of $27.16 billion, a price-to-earnings ratio of 24.20 and a beta of 1.03. Schwab US Broad Market ETF has a fifty-two week low of $46.92 and a fifty-two week high of $61.18.

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.