Legacy Wealth Management Inc Boosts Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Legacy Wealth Management Inc grew its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 197.1% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 36,921 shares of the company’s stock after purchasing an additional 24,492 shares during the period. Schwab US Broad Market ETF comprises 0.1% of Legacy Wealth Management Inc’s investment portfolio, making the stock its 18th largest holding. Legacy Wealth Management Inc’s holdings in Schwab US Broad Market ETF were worth $838,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in SCHB. Renaissance Technologies LLC purchased a new stake in shares of Schwab US Broad Market ETF during the 2nd quarter valued at about $704,000. EverSource Wealth Advisors LLC boosted its stake in shares of Schwab US Broad Market ETF by 314.0% in the second quarter. EverSource Wealth Advisors LLC now owns 2,310 shares of the company’s stock valued at $148,000 after purchasing an additional 1,752 shares during the period. Bank of Montreal Can increased its stake in Schwab US Broad Market ETF by 60.0% during the 2nd quarter. Bank of Montreal Can now owns 11,266 shares of the company’s stock worth $715,000 after buying an additional 4,223 shares during the period. Marshall Wace LLP acquired a new position in Schwab US Broad Market ETF in the 2nd quarter worth $241,000. Finally, AQR Capital Management LLC boosted its position in Schwab US Broad Market ETF by 1.2% in the 2nd quarter. AQR Capital Management LLC now owns 85,709 shares of the company’s stock valued at $5,389,000 after buying an additional 1,026 shares during the last quarter.

Schwab US Broad Market ETF Stock Performance

Shares of NYSEARCA SCHB opened at $23.60 on Friday. The firm has a market cap of $10.85 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a 1 year low of $18.75 and a 1 year high of $23.73. The stock’s 50-day simple moving average is $23.16 and its 200-day simple moving average is $22.26.

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.