Schwab US Broad Market ETF (NYSEARCA:SCHB) Stock Position Raised by Asset Advisors Investment Management LLC

Asset Advisors Investment Management LLC increased its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 197.3% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,869,070 shares of the company’s stock after purchasing an additional 1,903,978 shares during the quarter. Schwab US Broad Market ETF comprises about 6.8% of Asset Advisors Investment Management LLC’s holdings, making the stock its 3rd largest position. Asset Advisors Investment Management LLC owned 0.62% of Schwab US Broad Market ETF worth $65,128,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in SCHB. Equita Financial Network Inc. boosted its stake in Schwab US Broad Market ETF by 0.5% in the 3rd quarter. Equita Financial Network Inc. now owns 93,643 shares of the company’s stock worth $6,229,000 after purchasing an additional 451 shares during the period. Cornerstone Planning Group LLC boosted its position in shares of Schwab US Broad Market ETF by 4.6% in the fourth quarter. Cornerstone Planning Group LLC now owns 10,600 shares of the company’s stock valued at $247,000 after acquiring an additional 462 shares during the period. Citizens Financial Group Inc. RI grew its stake in Schwab US Broad Market ETF by 3.7% during the third quarter. Citizens Financial Group Inc. RI now owns 13,290 shares of the company’s stock valued at $884,000 after acquiring an additional 470 shares in the last quarter. Private Advisor Group LLC grew its stake in Schwab US Broad Market ETF by 0.7% during the third quarter. Private Advisor Group LLC now owns 71,877 shares of the company’s stock valued at $4,781,000 after acquiring an additional 483 shares in the last quarter. Finally, Walter & Keenan Wealth Management LLC IN ADV increased its holdings in Schwab US Broad Market ETF by 0.6% during the 3rd quarter. Walter & Keenan Wealth Management LLC IN ADV now owns 92,093 shares of the company’s stock worth $6,126,000 after acquiring an additional 559 shares during the period.

Schwab US Broad Market ETF Price Performance

Shares of NYSEARCA:SCHB opened at $23.18 on Monday. The firm has a fifty day moving average price of $23.20 and a two-hundred day moving average price of $22.60. The company has a market cap of $33.15 billion, a price-to-earnings ratio of 25.96 and a beta of 1.04. Schwab US Broad Market ETF has a one year low of $19.14 and a one year high of $23.77.

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.