Armstrong Advisory Group Inc. Buys 13,605 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Armstrong Advisory Group Inc. raised its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 374.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,240 shares of the company’s stock after acquiring an additional 13,605 shares during the period. Armstrong Advisory Group Inc.’s holdings in Schwab US Broad Market ETF were worth $391,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Burkett Financial Services LLC lifted its holdings in Schwab US Broad Market ETF by 1.4% during the 3rd quarter. Burkett Financial Services LLC now owns 13,482 shares of the company’s stock worth $897,000 after purchasing an additional 183 shares during the last quarter. Carnegie Investment Counsel increased its position in Schwab US Broad Market ETF by 1.5% during the 3rd quarter. Carnegie Investment Counsel now owns 13,392 shares of the company’s stock worth $891,000 after buying an additional 195 shares during the period. Evanson Asset Management LLC lifted its holdings in shares of Schwab US Broad Market ETF by 1.8% during the third quarter. Evanson Asset Management LLC now owns 11,285 shares of the company’s stock worth $751,000 after buying an additional 198 shares in the last quarter. Citizens Financial Group Inc. RI boosted its position in shares of Schwab US Broad Market ETF by 1.8% in the second quarter. Citizens Financial Group Inc. RI now owns 12,820 shares of the company’s stock valued at $809,000 after acquiring an additional 227 shares during the period. Finally, Long Island Wealth Management Inc. grew its stake in shares of Schwab US Broad Market ETF by 0.4% in the second quarter. Long Island Wealth Management Inc. now owns 61,575 shares of the company’s stock valued at $3,871,000 after acquiring an additional 262 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

NYSEARCA:SCHB opened at $23.02 on Thursday. Schwab US Broad Market ETF has a 52 week low of $18.25 and a 52 week high of $23.73. The firm’s 50-day simple moving average is $23.13 and its 200 day simple moving average is $22.16. The firm has a market cap of $10.58 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02.

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.