Triangle Securities Wealth Management Raises Stock Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Triangle Securities Wealth Management boosted its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 4.8% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 102,891 shares of the company’s stock after buying an additional 4,748 shares during the period. Triangle Securities Wealth Management’s holdings in Schwab US Broad Market ETF were worth $2,215,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of SCHB. Brooklyn FI LLC boosted its holdings in shares of Schwab US Broad Market ETF by 17,756.0% during the 4th quarter. Brooklyn FI LLC now owns 23,155,242 shares of the company’s stock valued at $576,012,000 after purchasing an additional 23,025,564 shares during the last quarter. Betterment LLC boosted its holdings in shares of Schwab US Broad Market ETF by 193.5% during the 4th quarter. Betterment LLC now owns 17,773,620 shares of the company’s stock valued at $403,461,000 after purchasing an additional 11,718,291 shares during the last quarter. Rebalance LLC boosted its holdings in shares of Schwab US Broad Market ETF by 199.9% during the 4th quarter. Rebalance LLC now owns 11,471,005 shares of the company’s stock valued at $260,392,000 after purchasing an additional 7,646,591 shares during the last quarter. SCS Capital Management LLC boosted its holdings in shares of Schwab US Broad Market ETF by 170.1% during the 4th quarter. SCS Capital Management LLC now owns 10,204,017 shares of the company’s stock valued at $231,631,000 after purchasing an additional 6,426,551 shares during the last quarter. Finally, Evensky & Katz LLC boosted its holdings in shares of Schwab US Broad Market ETF by 187.7% during the 4th quarter. Evensky & Katz LLC now owns 9,325,113 shares of the company’s stock valued at $211,680,000 after purchasing an additional 6,084,141 shares during the last quarter.

Schwab US Broad Market ETF Stock Up 0.7%

SCHB opened at $22.99 on Wednesday. The firm has a 50-day simple moving average of $21.46 and a two-hundred day simple moving average of $22.44. Schwab US Broad Market ETF has a 52 week low of $18.53 and a 52 week high of $23.77. The company has a market capitalization of $33.11 billion, a PE ratio of 23.87 and a beta of 1.03.

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.