Lowe Brockenbrough & Co. Inc. Boosts Stake in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Lowe Brockenbrough & Co. Inc. grew its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 197.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 215,078 shares of the company’s stock after acquiring an additional 142,777 shares during the quarter. Lowe Brockenbrough & Co. Inc.’s holdings in Schwab US Broad Market ETF were worth $4,882,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in SCHB. Oppenheimer & Co. Inc. bought a new position in shares of Schwab US Broad Market ETF during the 3rd quarter worth approximately $291,000. Pathstone Holdings LLC grew its holdings in Schwab US Broad Market ETF by 5.0% in the third quarter. Pathstone Holdings LLC now owns 48,663 shares of the company’s stock worth $3,237,000 after purchasing an additional 2,313 shares during the last quarter. Prospera Financial Services Inc increased its position in shares of Schwab US Broad Market ETF by 7.3% during the third quarter. Prospera Financial Services Inc now owns 9,307 shares of the company’s stock worth $619,000 after purchasing an additional 634 shares in the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of Schwab US Broad Market ETF by 31.5% during the 3rd quarter. PNC Financial Services Group Inc. now owns 39,377 shares of the company’s stock valued at $2,619,000 after purchasing an additional 9,442 shares during the last quarter. Finally, Citizens Financial Group Inc. RI boosted its position in shares of Schwab US Broad Market ETF by 3.7% in the 3rd quarter. Citizens Financial Group Inc. RI now owns 13,290 shares of the company’s stock worth $884,000 after purchasing an additional 470 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

Shares of SCHB stock opened at $21.82 on Friday. The stock’s fifty day moving average price is $22.89 and its 200 day moving average price is $22.69. Schwab US Broad Market ETF has a 1-year low of $19.14 and a 1-year high of $23.77. The company has a market cap of $31.20 billion, a price-to-earnings ratio of 23.90 and a beta of 1.05.

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.