Pineridge Advisors LLC Purchases 100,110 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Pineridge Advisors LLC lifted its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 207.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 148,344 shares of the company’s stock after buying an additional 100,110 shares during the period. Schwab US Broad Market ETF makes up about 1.3% of Pineridge Advisors LLC’s investment portfolio, making the stock its 12th biggest position. Pineridge Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $3,367,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Sanctuary Advisors LLC bought a new stake in shares of Schwab US Broad Market ETF during the 2nd quarter valued at about $620,000. Valeo Financial Advisors LLC increased its holdings in Schwab US Broad Market ETF by 5.6% during the third quarter. Valeo Financial Advisors LLC now owns 5,489 shares of the company’s stock valued at $365,000 after buying an additional 292 shares during the last quarter. Carnegie Investment Counsel raised its position in Schwab US Broad Market ETF by 1.5% in the third quarter. Carnegie Investment Counsel now owns 13,392 shares of the company’s stock worth $891,000 after acquiring an additional 195 shares during the period. Creative Planning boosted its stake in shares of Schwab US Broad Market ETF by 0.7% during the 3rd quarter. Creative Planning now owns 684,684 shares of the company’s stock worth $45,545,000 after acquiring an additional 4,734 shares during the last quarter. Finally, Peak Financial Management Inc. grew its position in shares of Schwab US Broad Market ETF by 2.9% during the 3rd quarter. Peak Financial Management Inc. now owns 140,198 shares of the company’s stock valued at $9,326,000 after acquiring an additional 3,908 shares during the period.

Schwab US Broad Market ETF Price Performance

NYSEARCA:SCHB opened at $23.47 on Tuesday. Schwab US Broad Market ETF has a one year low of $19.04 and a one year high of $23.73. The business has a fifty day moving average price of $23.20 and a 200-day moving average price of $22.40. The firm has a market capitalization of $10.79 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02.

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.