Pacific Capital Wealth Advisors Inc. Purchases 39,681 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Pacific Capital Wealth Advisors Inc. boosted its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 176.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 62,170 shares of the company’s stock after buying an additional 39,681 shares during the period. Pacific Capital Wealth Advisors Inc.’s holdings in Schwab US Broad Market ETF were worth $1,411,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Strategic Investment Solutions Inc. IL bought a new position in shares of Schwab US Broad Market ETF during the second quarter valued at approximately $28,000. Joseph Group Capital Management bought a new position in shares of Schwab US Broad Market ETF in the third quarter worth about $66,000. Northwest Investment Counselors LLC purchased a new position in Schwab US Broad Market ETF in the 3rd quarter worth about $69,000. Albion Financial Group UT boosted its position in Schwab US Broad Market ETF by 200.0% in the 4th quarter. Albion Financial Group UT now owns 1,260 shares of the company’s stock valued at $29,000 after buying an additional 840 shares during the period. Finally, Global Financial Private Client LLC grew its stake in Schwab US Broad Market ETF by 200.0% in the 4th quarter. Global Financial Private Client LLC now owns 1,332 shares of the company’s stock worth $30,000 after acquiring an additional 888 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

Schwab US Broad Market ETF stock opened at $23.27 on Tuesday. The company has a market capitalization of $10.70 billion, a PE ratio of 25.24 and a beta of 1.02. The company has a 50 day moving average price of $23.16 and a 200-day moving average price of $22.27. Schwab US Broad Market ETF has a fifty-two week low of $18.75 and a fifty-two week high of $23.73.

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.