Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Bought by Grant Street Asset Management Inc.

Grant Street Asset Management Inc. grew its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 205.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 51,325 shares of the company’s stock after acquiring an additional 34,510 shares during the quarter. Schwab US Broad Market ETF comprises about 0.3% of Grant Street Asset Management Inc.’s holdings, making the stock its 28th largest position. Grant Street Asset Management Inc.’s holdings in Schwab US Broad Market ETF were worth $1,165,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of SCHB. Promus Capital LLC purchased a new stake in shares of Schwab US Broad Market ETF during the 4th quarter worth about $25,000. Maryland Capital Advisors Inc. grew its holdings in shares of Schwab US Broad Market ETF by 200.0% during the 4th quarter. Maryland Capital Advisors Inc. now owns 1,161 shares of the company’s stock worth $26,000 after purchasing an additional 774 shares during the period. Wiser Advisor Group LLC grew its holdings in shares of Schwab US Broad Market ETF by 200.8% during the 4th quarter. Wiser Advisor Group LLC now owns 1,176 shares of the company’s stock worth $27,000 after purchasing an additional 785 shares during the period. Jackson Grant Investment Advisers Inc. grew its holdings in shares of 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 worth $28,000 after purchasing an additional 834 shares during the period. Finally, Beacon Capital Management LLC grew its holdings in shares of Schwab US Broad Market ETF by 200.2% during the 4th quarter. Beacon Capital Management LLC now owns 1,216 shares of the company’s stock worth $28,000 after purchasing an additional 811 shares during the period.

Schwab US Broad Market ETF Stock Performance

Shares of NYSEARCA:SCHB opened at $22.18 on Monday. Schwab US Broad Market ETF has a 1 year low of $19.14 and a 1 year high of $23.77. The stock has a market capitalization of $31.72 billion, a P/E ratio of 25.96 and a beta of 1.04. The stock has a 50-day simple moving average of $23.10 and a 200-day simple moving average of $22.71.

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.