Naples Global Advisors LLC Increases Stake in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Naples Global Advisors LLC increased its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 196.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 160,684 shares of the company’s stock after purchasing an additional 106,544 shares during the period. Naples Global Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $3,648,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Joseph Group Capital Management purchased a new stake in shares of Schwab US Broad Market ETF during the third quarter valued at $66,000. Northwest Investment Counselors LLC purchased a new stake in Schwab US Broad Market ETF during the 3rd quarter valued at about $69,000. Jackson Grant Investment Advisers Inc. grew its stake in Schwab US Broad Market ETF by 201.0% during the 4th 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 last quarter. Albion Financial Group UT increased its holdings in shares of Schwab US Broad Market ETF by 200.0% in the fourth 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. Finally, Global Financial Private Client LLC raised its stake in shares of Schwab US Broad Market ETF by 200.0% in the fourth quarter. Global Financial Private Client LLC now owns 1,332 shares of the company’s stock worth $30,000 after purchasing an additional 888 shares during the last quarter.

Schwab US Broad Market ETF Stock Down 0.3 %

Schwab US Broad Market ETF stock opened at $23.39 on Thursday. Schwab US Broad Market ETF has a 52 week low of $19.04 and a 52 week high of $23.73. The stock has a 50-day moving average price of $23.20 and a 200 day moving average price of $22.44. The company has a market capitalization of $10.75 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.