62,096 Schwab US Broad Market ETF $SCHB Shares Purchased by Robertson Stephens Wealth Management LLC

Robertson Stephens Wealth Management LLC boosted its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 57.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 169,547 shares of the company’s stock after buying an additional 62,096 shares during the period. Robertson Stephens Wealth Management LLC’s holdings in Schwab US Broad Market ETF were worth $4,969,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. Hengehold Capital Management LLC purchased a new stake in Schwab US Broad Market ETF during the third quarter worth approximately $222,931,000. Forvis Mazars Wealth Advisors LLC acquired a new position in Schwab US Broad Market ETF in the third quarter valued at approximately $175,355,000. Cliftonlarsonallen Wealth Advisors LLC acquired a new position in Schwab US Broad Market ETF in the third quarter valued at approximately $72,509,000. Legacy Private Trust Co. purchased a new position in Schwab US Broad Market ETF in the third quarter valued at approximately $36,626,000. Finally, Nalls Sherbakoff Group LLC purchased a new position in Schwab US Broad Market ETF in the fourth quarter valued at approximately $21,214,000.

Schwab US Broad Market ETF Trading Down 1.2%

SCHB stock opened at $29.28 on Friday. Schwab US Broad Market ETF has a twelve month low of $24.28 and a twelve month high of $30.15. The company’s 50 day moving average is $29.62 and its two-hundred day moving average is $28.71. The stock has a market cap of $44.43 billion, a P/E ratio of 25.08 and a beta of 1.02.

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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.