Robinson Smith Wealth Advisors LLC Buys 19,394 Shares of Schwab US Broad Market ETF $SCHB

Robinson Smith Wealth Advisors LLC grew its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 1.9% during the 3rd quarter, Holdings Channel reports. The firm owned 1,019,341 shares of the company’s stock after purchasing an additional 19,394 shares during the quarter. Schwab US Broad Market ETF makes up approximately 18.8% of Robinson Smith Wealth Advisors LLC’s investment portfolio, making the stock its largest position. Robinson Smith Wealth Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $26,207,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Brighton Jones LLC boosted its holdings in shares of Schwab US Broad Market ETF by 1,209.6% during the 4th quarter. Brighton Jones LLC now owns 228,625 shares of the company’s stock worth $5,190,000 after purchasing an additional 211,168 shares during the last quarter. Revolve Wealth Partners LLC lifted its position in Schwab US Broad Market ETF by 197.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 21,510 shares of the company’s stock worth $488,000 after buying an additional 14,279 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in Schwab US Broad Market ETF by 50.4% during the first quarter. Goldman Sachs Group Inc. now owns 1,549,572 shares of the company’s stock worth $33,362,000 after buying an additional 518,984 shares during the last quarter. Janney Montgomery Scott LLC grew its holdings in Schwab US Broad Market ETF by 7.4% in the 2nd quarter. Janney Montgomery Scott LLC now owns 128,548 shares of the company’s stock valued at $3,063,000 after buying an additional 8,897 shares in the last quarter. Finally, Liberty Capital Management Inc. grew its holdings in Schwab US Broad Market ETF by 2.1% in the 2nd quarter. Liberty Capital Management Inc. now owns 416,347 shares of the company’s stock valued at $9,922,000 after buying an additional 8,381 shares in the last quarter.

Schwab US Broad Market ETF Stock Down 0.1%

NYSEARCA SCHB opened at $26.83 on Thursday. The business’s fifty day simple moving average is $26.38 and its 200-day simple moving average is $25.65. The firm has a market cap of $39.10 billion, a PE ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 52 week low of $18.52 and a 52 week high of $26.94.

Schwab US Broad Market ETF 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.