Phocas Financial Corp. Boosts Stake in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Phocas Financial Corp. grew its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 36,417 shares of the company’s stock after acquiring an additional 24,278 shares during the quarter. Phocas Financial Corp.’s holdings in Schwab US Broad Market ETF were worth $827,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the stock. Siligmueller & Norvid Wealth Advisors LLC acquired a new stake in Schwab US Broad Market ETF in the fourth quarter valued at approximately $18,811,000. Gibraltar Capital Management Inc. lifted its holdings in shares of Schwab US Broad Market ETF by 200.0% during the 4th quarter. Gibraltar Capital Management Inc. now owns 17,322 shares of the company’s stock valued at $393,000 after purchasing an additional 11,548 shares during the last quarter. Advisor OS LLC lifted its holdings in shares of Schwab US Broad Market ETF by 387.5% during the 4th quarter. Advisor OS LLC now owns 19,518 shares of the company’s stock valued at $443,000 after purchasing an additional 15,514 shares during the last quarter. Cutter & CO Brokerage Inc. boosted its position in shares of Schwab US Broad Market ETF by 636.7% in the 4th quarter. Cutter & CO Brokerage Inc. now owns 34,049 shares of the company’s stock worth $773,000 after purchasing an additional 29,427 shares in the last quarter. Finally, Lake Street Advisors Group LLC grew its stake in Schwab US Broad Market ETF by 200.0% during the 4th quarter. Lake Street Advisors Group LLC now owns 109,733 shares of the company’s stock worth $2,491,000 after buying an additional 73,155 shares during the last quarter.

Schwab US Broad Market ETF Stock Performance

Schwab US Broad Market ETF stock opened at $22.93 on Wednesday. The stock has a market cap of $32.79 billion, a PE ratio of 25.96 and a beta of 1.04. The stock has a 50-day moving average of $23.18 and a two-hundred day moving average of $22.64. Schwab US Broad Market ETF has a one year low of $19.14 and a one year high of $23.77.

Schwab US Broad Market ETF 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.