Alpha Cubed Investments LLC Buys 5,988 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Alpha Cubed Investments LLC grew its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 142.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,186 shares of the company’s stock after acquiring an additional 5,988 shares during the period. Alpha Cubed Investments LLC’s holdings in Schwab US Broad Market ETF were worth $231,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Versant Capital Management Inc grew its stake in Schwab US Broad Market ETF by 201.0% in the fourth quarter. Versant Capital Management Inc now owns 14,004 shares of the company’s stock worth $318,000 after purchasing an additional 9,352 shares in the last quarter. Fulcrum Equity Management grew its position in shares of Schwab US Broad Market ETF by 6.3% during the 3rd quarter. Fulcrum Equity Management now owns 11,192 shares of the company’s stock worth $744,000 after buying an additional 668 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new position in shares of Schwab US Broad Market ETF during the third quarter valued at $703,000. Franklin Resources Inc. raised its holdings in shares of Schwab US Broad Market ETF by 952.4% in the third quarter. Franklin Resources Inc. now owns 4,420 shares of the company’s stock valued at $294,000 after acquiring an additional 4,000 shares in the last quarter. Finally, Tudor Financial Inc. purchased a new stake in Schwab US Broad Market ETF in the third quarter worth about $996,000.

Schwab US Broad Market ETF Stock Performance

NYSEARCA SCHB opened at $23.43 on Wednesday. Schwab US Broad Market ETF has a one year low of $18.75 and a one year high of $23.73. The company has a market capitalization of $10.77 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. The company’s 50-day simple moving average is $23.12 and its two-hundred day simple moving average is $22.21.

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.