Index Fund Advisors Inc. lifted its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) by 200.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 15,947 shares of the company’s stock after buying an additional 10,631 shares during the quarter. Index Fund Advisors Inc.’s holdings in Schwab US Broad Market ETF were worth $362,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors also recently modified their holdings of the stock. Hengehold Capital Management LLC raised its stake in Schwab US Broad Market ETF by 192.6% during the 4th quarter. Hengehold Capital Management LLC now owns 8,942,406 shares of the company’s stock worth $202,993,000 after buying an additional 5,886,366 shares during the period. Strid Group LLC increased its holdings in shares of Schwab US Broad Market ETF by 197.8% during the fourth quarter. Strid Group LLC now owns 8,530,226 shares of the company’s stock valued at $193,636,000 after acquiring an additional 5,666,068 shares in the last quarter. HB Wealth Management LLC grew its position in Schwab US Broad Market ETF by 192.5% in the 4th quarter. HB Wealth Management LLC now owns 6,505,668 shares of the company’s stock valued at $147,681,000 after purchasing an additional 4,281,591 shares during the period. HT Partners LLC increased its stake in Schwab US Broad Market ETF by 202.6% during the 4th quarter. HT Partners LLC now owns 6,053,331 shares of the company’s stock valued at $137,411,000 after purchasing an additional 4,052,932 shares in the last quarter. Finally, Hanson & Doremus Investment Management raised its holdings in Schwab US Broad Market ETF by 203.1% during the fourth quarter. Hanson & Doremus Investment Management now owns 5,901,371 shares of the company’s stock worth $133,961,000 after buying an additional 3,954,414 shares during the last quarter.
Schwab US Broad Market ETF Trading Up 0.6 %
Schwab US Broad Market ETF stock opened at $23.47 on Tuesday. The firm’s fifty day moving average price is $23.20 and its two-hundred day moving average price is $22.40. The firm has a market capitalization of $10.79 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a 1-year low of $19.04 and a 1-year 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.
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