Legacy Wealth Management Inc Purchases 703 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Legacy Wealth Management Inc increased its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 10.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,608 shares of the company’s stock after acquiring an additional 703 shares during the quarter. Schwab US Broad Market ETF comprises 0.1% of Legacy Wealth Management Inc’s holdings, making the stock its 11th biggest position. Legacy Wealth Management Inc’s holdings in Schwab US Broad Market ETF were worth $540,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Steward Partners Investment Advisory LLC bought a new position in shares of Schwab US Broad Market ETF during the 2nd quarter worth approximately $26,000. Gradient Investments LLC raised its stake in shares of Schwab US Broad Market ETF by 280.0% during the 2nd quarter. Gradient Investments LLC now owns 494 shares of the company’s stock worth $35,000 after acquiring an additional 364 shares in the last quarter. Advisory Alpha LLC bought a new position in shares of Schwab US Broad Market ETF during the 1st quarter worth approximately $37,000. Astor Investment Management LLC bought a new position in shares of Schwab US Broad Market ETF during the 2nd quarter worth approximately $44,000. Finally, Armor Investment Advisors LLC raised its stake in shares of Schwab US Broad Market ETF by 410.0% during the 2nd quarter. Armor Investment Advisors LLC now owns 765 shares of the company’s stock worth $54,000 after acquiring an additional 615 shares in the last quarter.

NYSEARCA:SCHB traded up $0.63 during trading hours on Wednesday, hitting $69.63. 650,512 shares of the company were exchanged, compared to its average volume of 1,006,383. Schwab US Broad Market ETF has a 52-week low of $56.12 and a 52-week high of $72.63. The company’s 50 day moving average price is $70.59 and its 200-day moving average price is $69.94.

The business also recently announced a — dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were given a dividend of $0.3405 per share. This represents a yield of 1.8%. The ex-dividend date was Wednesday, September 25th.

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.

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Institutional Ownership by Quarter for Schwab US Broad Market ETF (NYSEARCA:SCHB)

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