Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Bought by Financial Management Professionals Inc.

Financial Management Professionals Inc. grew its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 183.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 106,627 shares of the company’s stock after purchasing an additional 68,997 shares during the quarter. Financial Management Professionals Inc.’s holdings in Schwab US Broad Market ETF were worth $2,420,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Strategic Investment Solutions Inc. IL acquired a new position in shares of Schwab US Broad Market ETF during the second quarter valued at $28,000. Global Financial Private Client LLC boosted its holdings in shares of Schwab US Broad Market ETF by 200.0% during the fourth quarter. Global Financial Private Client LLC now owns 1,332 shares of the company’s stock valued at $30,000 after acquiring an additional 888 shares during the period. GAMMA Investing LLC boosted its holdings in shares of Schwab US Broad Market ETF by 200.0% during the fourth quarter. GAMMA Investing LLC now owns 1,446 shares of the company’s stock valued at $33,000 after acquiring an additional 964 shares during the period. Marquette Asset Management LLC boosted its holdings in shares of Schwab US Broad Market ETF by 200.0% during the fourth quarter. Marquette Asset Management LLC now owns 1,593 shares of the company’s stock valued at $36,000 after acquiring an additional 1,062 shares during the period. Finally, Godsey & Gibb Inc. boosted its holdings in shares of Schwab US Broad Market ETF by 200.0% during the fourth quarter. Godsey & Gibb Inc. now owns 2,103 shares of the company’s stock valued at $48,000 after acquiring an additional 1,402 shares during the period.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB opened at $23.21 on Friday. Schwab US Broad Market ETF has a 1 year low of $18.34 and a 1 year high of $23.73. The company has a market cap of $10.67 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. The firm has a fifty day moving average of $23.12 and a 200-day moving average of $22.18.

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.