Diversified Portfolios Inc. Increases Stock Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Diversified Portfolios Inc. increased its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 214,110 shares of the company’s stock after buying an additional 142,740 shares during the quarter. Diversified Portfolios Inc.’s holdings in Schwab US Broad Market ETF were worth $4,860,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Jackson Grant Investment Advisers Inc. increased its stake in Schwab US Broad Market ETF by 201.0% during the fourth quarter. Jackson Grant Investment Advisers Inc. now owns 1,249 shares of the company’s stock worth $28,000 after acquiring an additional 834 shares during the last quarter. Albion Financial Group UT increased its position in Schwab US Broad Market ETF by 200.0% during the 4th quarter. Albion Financial Group UT now owns 1,260 shares of the company’s stock worth $29,000 after purchasing an additional 840 shares in the last quarter. Global Financial Private Client LLC increased its position in Schwab US Broad Market ETF by 200.0% during the 4th quarter. Global Financial Private Client LLC now owns 1,332 shares of the company’s stock worth $30,000 after purchasing an additional 888 shares in the last quarter. GAMMA Investing LLC raised its holdings in Schwab US Broad Market ETF by 200.0% in the fourth quarter. GAMMA Investing LLC now owns 1,446 shares of the company’s stock valued at $33,000 after buying an additional 964 shares during the period. Finally, Capital Investment Advisory Services LLC lifted its position in Schwab US Broad Market ETF by 128.0% during the fourth quarter. Capital Investment Advisory Services LLC now owns 1,521 shares of the company’s stock valued at $35,000 after buying an additional 854 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

SCHB opened at $23.47 on Wednesday. The company has a 50 day moving average of $23.20 and a two-hundred day moving average of $22.42. Schwab US Broad Market ETF has a 52-week low of $19.04 and a 52-week high of $23.73. The company has a market cap of $10.79 billion, a P/E ratio of 25.24 and a beta of 1.02.

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.