Sovereign Financial Group Inc. Buys 14,394 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Sovereign Financial Group Inc. raised its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 21,581 shares of the company’s stock after acquiring an additional 14,394 shares during the quarter. Sovereign Financial Group Inc.’s holdings in Schwab US Broad Market ETF were worth $490,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Myecfo LLC boosted its position in shares of Schwab US Broad Market ETF by 206.4% in the 4th quarter. Myecfo LLC now owns 2,270,249 shares of the company’s stock worth $51,539,000 after purchasing an additional 1,529,275 shares in the last quarter. Winthrop Advisory Group LLC boosted its position in shares of Schwab US Broad Market ETF by 270.0% in the 4th quarter. Winthrop Advisory Group LLC now owns 1,476,379 shares of the company’s stock worth $33,514,000 after purchasing an additional 1,077,345 shares in the last quarter. Legacy Private Trust Co. boosted its position in shares of Schwab US Broad Market ETF by 210.0% in the 4th quarter. Legacy Private Trust Co. now owns 1,470,532 shares of the company’s stock worth $33,381,000 after purchasing an additional 996,131 shares in the last quarter. WT Wealth Management boosted its position in shares of Schwab US Broad Market ETF by 195.4% in the 3rd quarter. WT Wealth Management now owns 1,235,645 shares of the company’s stock worth $82,195,000 after purchasing an additional 817,389 shares in the last quarter. Finally, GSG Advisors LLC boosted its position in shares of Schwab US Broad Market ETF by 213.0% in the 4th quarter. GSG Advisors LLC now owns 1,008,349 shares of the company’s stock worth $22,890,000 after purchasing an additional 686,158 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

Schwab US Broad Market ETF stock opened at $23.02 on Thursday. The stock has a market capitalization of $10.58 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a 1-year low of $18.25 and a 1-year high of $23.73. The business has a fifty day moving average price of $23.13 and a 200-day moving average price of $22.16.

Schwab US Broad Market ETF 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.