Global Retirement Partners LLC Buys 93,564 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Global Retirement Partners LLC grew its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 199.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 140,530 shares of the company’s stock after purchasing an additional 93,564 shares during the quarter. Global Retirement Partners LLC’s holdings in Schwab US Broad Market ETF were worth $3,190,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Joseph Group Capital Management bought a new position in Schwab US Broad Market ETF in the 3rd quarter worth $66,000. Maryland Capital Advisors Inc. grew its position in shares of Schwab US Broad Market ETF by 200.0% in the 4th quarter. Maryland Capital Advisors Inc. now owns 1,161 shares of the company’s stock worth $26,000 after buying an additional 774 shares during the period. Beacon Capital Management LLC grew its position in shares of Schwab US Broad Market ETF by 200.2% in the 4th quarter. Beacon Capital Management LLC now owns 1,216 shares of the company’s stock worth $28,000 after buying an additional 811 shares during the period. Jackson Grant Investment Advisers Inc. grew its position in shares of Schwab US Broad Market ETF by 201.0% in the 4th quarter. Jackson Grant Investment Advisers Inc. now owns 1,249 shares of the company’s stock worth $28,000 after buying an additional 834 shares during the period. Finally, Albion Financial Group UT grew its position in shares of 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 worth $29,000 after buying an additional 840 shares during the period.

Schwab US Broad Market ETF Price Performance

NYSEARCA:SCHB opened at $23.75 on Thursday. The firm’s 50-day moving average price is $23.20 and its 200-day moving average price is $22.54. The company has a market capitalization of $10.92 billion, a PE ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a 1-year low of $19.14 and a 1-year high of $23.77.

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.