Apella Capital LLC Purchases 12,226 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Apella Capital LLC lifted its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 199.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 18,369 shares of the company’s stock after buying an additional 12,226 shares during the quarter. Apella Capital LLC’s holdings in Schwab US Broad Market ETF were worth $417,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in SCHB. Rebalance LLC grew its holdings in Schwab US Broad Market ETF by 4.6% during the 3rd quarter. Rebalance LLC now owns 3,824,414 shares of the company’s stock worth $254,400,000 after acquiring an additional 167,787 shares in the last quarter. Hengehold Capital Management LLC boosted its stake in shares of Schwab US Broad Market ETF by 1.3% during the third quarter. Hengehold Capital Management LLC now owns 3,056,040 shares of the company’s stock valued at $203,288,000 after purchasing an additional 38,823 shares in the last quarter. Strid Group LLC increased its holdings in Schwab US Broad Market ETF by 4.0% during the third quarter. Strid Group LLC now owns 2,864,158 shares of the company’s stock valued at $190,524,000 after buying an additional 111,281 shares during the period. HighTower Advisors LLC increased its holdings in Schwab US Broad Market ETF by 7.8% during the third quarter. HighTower Advisors LLC now owns 2,660,625 shares of the company’s stock valued at $177,000,000 after buying an additional 191,480 shares during the period. Finally, Myecfo LLC raised its stake in Schwab US Broad Market ETF by 206.4% in the fourth quarter. Myecfo LLC now owns 2,270,249 shares of the company’s stock worth $51,539,000 after buying an additional 1,529,275 shares in the last quarter.

Schwab US Broad Market ETF Trading Up 1.9 %

Shares of NYSEARCA SCHB opened at $23.02 on Thursday. Schwab US Broad Market ETF has a 12-month low of $18.25 and a 12-month high of $23.73. The stock’s fifty day simple moving average is $23.13 and its two-hundred day simple moving average is $22.16. The stock has a market capitalization of $10.58 billion, a PE 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.