Strategic Advisors LLC Buys 702,710 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Strategic Advisors LLC increased its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 206.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,043,278 shares of the company’s stock after acquiring an additional 702,710 shares during the period. Schwab US Broad Market ETF makes up about 4.3% of Strategic Advisors LLC’s holdings, making the stock its 5th largest holding. Strategic Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $23,682,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Maryland Capital Advisors Inc. raised its stake in Schwab US Broad Market ETF by 200.0% in the fourth quarter. Maryland Capital Advisors Inc. now owns 1,161 shares of the company’s stock valued at $26,000 after buying an additional 774 shares in the last quarter. Jackson Grant Investment Advisers Inc. raised its stake in Schwab US Broad Market ETF by 201.0% in the fourth quarter. Jackson Grant Investment Advisers Inc. now owns 1,249 shares of the company’s stock valued at $28,000 after buying an additional 834 shares in the last quarter. Beacon Capital Management LLC raised its stake in Schwab US Broad Market ETF by 200.2% in the fourth quarter. Beacon Capital Management LLC now owns 1,216 shares of the company’s stock valued at $28,000 after buying an additional 811 shares in the last quarter. Albion Financial Group UT raised its stake in Schwab US Broad Market ETF by 200.0% in the fourth 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 in the last quarter. Finally, Global Financial Private Client LLC raised its stake in Schwab US Broad Market ETF by 200.0% in the fourth quarter. Global Financial Private Client LLC now owns 1,332 shares of the company’s stock valued at $30,000 after buying an additional 888 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

Schwab US Broad Market ETF stock opened at $23.65 on Monday. Schwab US Broad Market ETF has a 1-year low of $19.14 and a 1-year high of $23.73. The stock has a market cap of $10.87 billion, a PE ratio of 25.24 and a beta of 1.02. The stock’s fifty day moving average is $23.19 and its two-hundred day moving average is $22.49.

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.