Valmark Advisers Inc. Has $5.27 Million Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Valmark Advisers Inc. lifted its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 2.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 94,691 shares of the company’s stock after buying an additional 2,579 shares during the period. Valmark Advisers Inc.’s holdings in Schwab US Broad Market ETF were worth $5,271,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Creative Financial Designs Inc. ADV increased its holdings in shares of Schwab US Broad Market ETF by 55.3% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 621 shares of the company’s stock worth $35,000 after buying an additional 221 shares in the last quarter. Lee Financial Co acquired a new position in shares of Schwab US Broad Market ETF during the third quarter worth $35,000. BKM Wealth Management LLC acquired a new position in shares of Schwab US Broad Market ETF during the fourth quarter worth $41,000. Bfsg LLC acquired a new position in shares of Schwab US Broad Market ETF during the fourth quarter worth $41,000. Finally, Evolution Advisers Inc. increased its holdings in shares of Schwab US Broad Market ETF by 33.8% during the fourth quarter. Evolution Advisers Inc. now owns 756 shares of the company’s stock worth $42,000 after buying an additional 191 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

NYSEARCA SCHB traded up $0.51 on Friday, reaching $59.11. The company had a trading volume of 534,844 shares, compared to its average volume of 863,003. The firm has a market cap 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. The business has a 50 day moving average of $59.59 and a two-hundred day moving average of $55.82.

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.