Northern Capital Management Inc. Raises Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Northern Capital Management Inc. increased its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.4% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 37,306 shares of the company’s stock after purchasing an additional 24,888 shares during the quarter. Schwab US Broad Market ETF makes up approximately 0.5% of Northern Capital Management Inc.’s investment portfolio, making the stock its 15th largest position. Northern Capital Management Inc.’s holdings in Schwab US Broad Market ETF were worth $847,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Promus Capital LLC purchased a new stake in shares of Schwab US Broad Market ETF during the fourth quarter worth approximately $25,000. Blume Capital Management Inc. increased its position in shares of Schwab US Broad Market ETF by 200.3% during the fourth quarter. Blume Capital Management Inc. now owns 1,111 shares of the company’s stock worth $25,000 after purchasing an additional 741 shares in the last quarter. Maryland Capital Advisors Inc. increased its position in shares of Schwab US Broad Market ETF by 200.0% during the fourth quarter. Maryland Capital Advisors Inc. now owns 1,161 shares of the company’s stock worth $26,000 after purchasing an additional 774 shares in the last quarter. Wiser Advisor Group LLC increased its position in shares of Schwab US Broad Market ETF by 200.8% during the fourth quarter. Wiser Advisor Group LLC now owns 1,176 shares of the company’s stock worth $27,000 after purchasing an additional 785 shares in the last quarter. Finally, Jackson Grant Investment Advisers Inc. increased its position in shares of 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 purchasing an additional 834 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

NYSEARCA SCHB opened at $21.69 on Friday. The stock’s fifty day moving average is $22.97 and its two-hundred day moving average is $22.70. The firm has a market capitalization of $31.02 billion, a P/E ratio of 23.90 and a beta of 1.05. Schwab US Broad Market ETF has a fifty-two week low of $19.14 and a fifty-two week high of $23.77.

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.