TAP Consulting LLC Raises Stock Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

TAP Consulting LLC raised its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 197.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 123,527 shares of the company’s stock after purchasing an additional 81,949 shares during the period. TAP Consulting LLC’s holdings in Schwab US Broad Market ETF were worth $2,804,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. GS Investments Inc. raised its position in shares of Schwab US Broad Market ETF by 198.4% during the 4th quarter. GS Investments Inc. now owns 26,051 shares of the company’s stock worth $591,000 after purchasing an additional 17,320 shares during the last quarter. Sandy Spring Bank raised its holdings in shares of Schwab US Broad Market ETF by 200.4% during the fourth quarter. Sandy Spring Bank now owns 13,099 shares of the company’s stock valued at $297,000 after acquiring an additional 8,739 shares during the last quarter. L.K. Benson & Company P.C. acquired a new position in shares of Schwab US Broad Market ETF during the fourth quarter valued at approximately $996,000. Councilmark Asset Management LLC lifted its position in shares of Schwab US Broad Market ETF by 200.0% in the fourth quarter. Councilmark Asset Management LLC now owns 13,290 shares of the company’s stock valued at $302,000 after acquiring an additional 8,860 shares in the last quarter. Finally, North Forty Two & Co. acquired a new stake in shares of Schwab US Broad Market ETF in the fourth quarter worth approximately $1,556,000.

Schwab US Broad Market ETF Stock Performance

NYSEARCA SCHB opened at $21.88 on Thursday. The business has a fifty day moving average price of $22.91 and a 200 day moving average price of $22.70. The company has a market cap of $31.29 billion, a P/E ratio of 23.90 and a beta of 1.05. Schwab US Broad Market ETF has a one year low of $19.14 and a one year high of $23.77.

About Schwab US Broad Market ETF

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.