Zhang Financial LLC Buys 290,819 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Zhang Financial LLC increased its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 194.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 440,230 shares of the company’s stock after acquiring an additional 290,819 shares during the quarter. Zhang Financial LLC’s holdings in Schwab US Broad Market ETF were worth $9,993,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Strategic Investment Solutions Inc. IL purchased a new stake in shares of Schwab US Broad Market ETF in the second quarter worth $28,000. Global Financial Private Client LLC boosted its holdings in Schwab US Broad Market ETF by 200.0% in the 4th quarter. Global Financial Private Client LLC now owns 1,332 shares of the company’s stock worth $30,000 after buying an additional 888 shares during the period. GAMMA Investing LLC boosted its holdings in Schwab US Broad Market ETF by 200.0% in the 4th quarter. GAMMA Investing LLC now owns 1,446 shares of the company’s stock worth $33,000 after buying an additional 964 shares during the period. Marquette Asset Management LLC increased its stake in Schwab US Broad Market ETF by 200.0% in the 4th quarter. Marquette Asset Management LLC now owns 1,593 shares of the company’s stock worth $36,000 after buying an additional 1,062 shares in the last quarter. Finally, Godsey & Gibb Inc. raised its holdings in Schwab US Broad Market ETF by 200.0% during the fourth quarter. Godsey & Gibb Inc. now owns 2,103 shares of the company’s stock valued at $48,000 after acquiring an additional 1,402 shares during the period.

Schwab US Broad Market ETF Stock Up 1.0 %

NYSEARCA SCHB opened at $23.21 on Monday. Schwab US Broad Market ETF has a twelve month low of $18.34 and a twelve month high of $23.73. The business has a 50-day moving average price of $23.12 and a 200-day moving average price of $22.19. The firm has a market cap of $10.67 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02.

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.