Choate Investment Advisors Has $287,000 Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Choate Investment Advisors raised its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.0% in the fourth quarter, HoldingsChannel.com reports. The firm owned 12,630 shares of the company’s stock after purchasing an additional 8,420 shares during the quarter. Choate Investment Advisors’ holdings in Schwab US Broad Market ETF were worth $287,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in SCHB. Family Firm Inc. grew its position in shares of Schwab US Broad Market ETF by 65.5% during the 4th quarter. Family Firm Inc. now owns 697,327 shares of the company’s stock worth $15,829,000 after buying an additional 275,977 shares during the period. Valtinson Bruner Financial Planning LLC grew its position in shares of Schwab US Broad Market ETF by 200.0% during the 4th quarter. Valtinson Bruner Financial Planning LLC now owns 12,843 shares of the company’s stock worth $292,000 after buying an additional 8,562 shares during the period. Hills Bank & Trust Co grew its position in shares of Schwab US Broad Market ETF by 200.0% during the 4th quarter. Hills Bank & Trust Co now owns 30,000 shares of the company’s stock worth $681,000 after buying an additional 20,000 shares during the period. Ironwood Investment Counsel LLC grew its position in shares of Schwab US Broad Market ETF by 200.0% during the 4th quarter. Ironwood Investment Counsel LLC now owns 31,818 shares of the company’s stock worth $722,000 after buying an additional 21,212 shares during the period. Finally, Carret Asset Management LLC grew its position in shares of Schwab US Broad Market ETF by 205.1% during the 4th quarter. Carret Asset Management LLC now owns 122,372 shares of the company’s stock worth $2,778,000 after buying an additional 82,259 shares during the period.

Schwab US Broad Market ETF Stock Up 0.7 %

Shares of SCHB stock opened at $21.85 on Tuesday. The company has a market cap of $31.25 billion, a price-to-earnings ratio of 23.90 and a beta of 1.05. Schwab US Broad Market ETF has a 52 week low of $19.14 and a 52 week high of $23.77. The firm has a 50 day moving average of $22.95 and a 200-day moving average of $22.71.

About Schwab US Broad Market ETF

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.