Harbour Investments Inc. Purchases 605,898 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Harbour Investments Inc. lifted its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 216.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 885,934 shares of the company’s stock after acquiring an additional 605,898 shares during the quarter. Schwab US Broad Market ETF makes up about 0.6% of Harbour Investments Inc.’s investment portfolio, making the stock its 28th largest position. Harbour Investments Inc. owned approximately 0.19% of Schwab US Broad Market ETF worth $20,111,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in SCHB. Promus Capital LLC bought a new stake in shares of Schwab US Broad Market ETF during the fourth quarter worth $25,000. Blume Capital Management Inc. increased its holdings in Schwab US Broad Market ETF by 200.3% in the fourth quarter. Blume Capital Management Inc. now owns 1,111 shares of the company’s stock valued at $25,000 after purchasing an additional 741 shares during the last quarter. Maryland Capital Advisors Inc. increased its holdings in Schwab US Broad Market ETF by 200.0% in the fourth quarter. Maryland Capital Advisors Inc. now owns 1,161 shares of the company’s stock valued at $26,000 after purchasing an additional 774 shares during the last quarter. Wiser Advisor Group LLC increased its holdings in Schwab US Broad Market ETF by 200.8% in the fourth quarter. Wiser Advisor Group LLC now owns 1,176 shares of the company’s stock valued at $27,000 after purchasing an additional 785 shares during the last quarter. Finally, Jackson Grant Investment Advisers Inc. increased its holdings in Schwab US Broad Market ETF by 201.0% in the fourth 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.

Schwab US Broad Market ETF Trading Up 2.2 %

NYSEARCA SCHB opened at $21.69 on Friday. The stock has a 50-day simple moving average of $22.97 and a 200 day simple moving average of $22.70. The company has a market capitalization of $31.02 billion, a PE ratio of 23.90 and a beta of 1.05. Schwab US Broad Market ETF has a 12 month low of $19.14 and a 12 month high of $23.77.

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.