Almanack Investment Partners LLC. Acquires 349,782 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Almanack Investment Partners LLC. increased its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 155.7% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 574,448 shares of the company’s stock after purchasing an additional 349,782 shares during the period. Schwab US Broad Market ETF makes up approximately 2.0% of Almanack Investment Partners LLC.’s holdings, making the stock its 11th largest position. Almanack Investment Partners LLC. owned 0.12% of Schwab US Broad Market ETF worth $13,040,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Jackson Grant Investment Advisers Inc. increased its position in shares of Schwab US Broad Market ETF by 201.0% during the fourth quarter. Jackson Grant Investment Advisers Inc. now owns 1,249 shares of the company’s stock valued at $28,000 after purchasing an additional 834 shares during the period. Albion Financial Group UT grew its stake in shares of Schwab US Broad Market ETF by 200.0% in the 4th quarter. Albion Financial Group UT now owns 1,260 shares of the company’s stock valued at $29,000 after purchasing an additional 840 shares during the period. Global Financial Private Client LLC raised its holdings in shares of Schwab US Broad Market ETF by 200.0% in the 4th quarter. Global Financial Private Client LLC now owns 1,332 shares of the company’s stock worth $30,000 after buying an additional 888 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of Schwab US Broad Market ETF by 200.0% during the 4th quarter. GAMMA Investing LLC now owns 1,446 shares of the company’s stock worth $33,000 after buying an additional 964 shares during the period. Finally, Capital Investment Advisory Services LLC boosted its stake in Schwab US Broad Market ETF by 128.0% in the 4th quarter. Capital Investment Advisory Services LLC now owns 1,521 shares of the company’s stock valued at $35,000 after buying an additional 854 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

Schwab US Broad Market ETF stock opened at $23.32 on Friday. The firm has a market capitalization of $10.72 billion, a P/E ratio of 25.24 and a beta of 1.02. The stock has a fifty day moving average price of $23.20 and a two-hundred day moving average price of $22.37. Schwab US Broad Market ETF has a 52-week low of $19.04 and a 52-week high of $23.73.

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.