Smith Chas P & Associates PA Cpas Purchases 7,060 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Smith Chas P & Associates PA Cpas grew its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,590 shares of the company’s stock after purchasing an additional 7,060 shares during the period. Smith Chas P & Associates PA Cpas’ holdings in Schwab US Broad Market ETF were worth $240,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Hengehold Capital Management LLC grew its position 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 acquiring an additional 5,886,366 shares during the last quarter. HB Wealth Management LLC raised its holdings 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 worth $147,681,000 after purchasing an additional 4,281,591 shares in the last quarter. Ballentine Partners LLC lifted its position in shares of Schwab US Broad Market ETF by 192.7% in the 4th quarter. Ballentine Partners LLC now owns 3,122,833 shares of the company’s stock worth $70,888,000 after purchasing an additional 2,055,961 shares during the period. Cliftonlarsonallen Wealth Advisors LLC increased its position in shares of Schwab US Broad Market ETF by 195.7% during the fourth quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 2,752,318 shares of the company’s stock valued at $62,478,000 after buying an additional 1,821,631 shares during the period. Finally, Myecfo LLC increased its position in shares of Schwab US Broad Market ETF by 206.4% during the fourth quarter. Myecfo LLC now owns 2,270,249 shares of the company’s stock valued at $51,539,000 after buying an additional 1,529,275 shares during the period.

Schwab US Broad Market ETF Stock Performance

Schwab US Broad Market ETF stock opened at $23.60 on Friday. Schwab US Broad Market ETF has a fifty-two week low of $18.75 and a fifty-two week high of $23.73. The stock’s 50 day simple moving average is $23.16 and its two-hundred day simple moving average is $22.26. The stock has a market cap of $10.85 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.