Murphy & Mullick Capital Management Corp Makes New $278,000 Investment in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Murphy & Mullick Capital Management Corp purchased a new stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) in the fourth quarter, HoldingsChannel reports. The institutional investor purchased 12,267 shares of the company’s stock, valued at approximately $278,000.

Other hedge funds also recently modified their holdings of the company. Promus Capital LLC bought a new position in Schwab US Broad Market ETF during the fourth quarter valued at about $25,000. Blume Capital Management Inc. boosted its position in shares of Schwab US Broad Market ETF by 200.3% during the 4th quarter. Blume Capital Management Inc. now owns 1,111 shares of the company’s stock valued at $25,000 after purchasing an additional 741 shares in the last quarter. Maryland Capital Advisors Inc. raised its holdings in shares of Schwab US Broad Market ETF by 200.0% in the 4th 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 raised its holdings in shares of Schwab US Broad Market ETF by 200.8% in the 4th 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, Beacon Capital Management LLC lifted its stake in Schwab US Broad Market ETF by 200.2% during the fourth quarter. Beacon Capital Management LLC now owns 1,216 shares of the company’s stock valued at $28,000 after purchasing an additional 811 shares during the last quarter.

Schwab US Broad Market ETF Stock Performance

Schwab US Broad Market ETF stock opened at $22.27 on Wednesday. The firm has a market cap of $31.85 billion, a price-to-earnings ratio of 23.90 and a beta of 1.05. Schwab US Broad Market ETF has a 1 year low of $19.14 and a 1 year high of $23.77. The firm’s 50 day moving average price is $22.86 and its two-hundred day moving average price is $22.73.

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.