BLB&B Advisors LLC Acquires 26,317 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

BLB&B Advisors LLC lifted its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 166.1% in the fourth quarter, Holdings Channel.com reports. The fund owned 42,165 shares of the company’s stock after purchasing an additional 26,317 shares during the period. BLB&B Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $957,000 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. Marshall Wace LLP purchased a new stake in shares of Schwab US Broad Market ETF in the 2nd quarter worth about $241,000. Sanctuary Advisors LLC purchased a new stake in Schwab US Broad Market ETF in the second quarter worth about $620,000. Brookstone Capital Management boosted its position in Schwab US Broad Market ETF by 82.2% during the 3rd quarter. Brookstone Capital Management now owns 55,454 shares of the company’s stock valued at $3,689,000 after acquiring an additional 25,023 shares in the last quarter. Rappaport Reiches Capital Management LLC grew its holdings in shares of Schwab US Broad Market ETF by 16.7% during the 3rd quarter. Rappaport Reiches Capital Management LLC now owns 75,046 shares of the company’s stock worth $4,992,000 after acquiring an additional 10,713 shares during the period. Finally, Trevian Wealth Management LLC bought a new position in shares of Schwab US Broad Market ETF in the 3rd quarter worth approximately $222,000.

Schwab US Broad Market ETF Stock Down 1.0 %

SCHB opened at $23.32 on Friday. The stock has a market cap of $10.72 billion, a PE ratio of 25.24 and a beta of 1.02. The business has a 50 day moving average of $23.20 and a 200-day moving average of $22.37. Schwab US Broad Market ETF has a 52 week low of $19.04 and a 52 week high of $23.73.

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.