Schwab US Broad Market ETF (NYSEARCA:SCHB) is Members Advisory Group LLC’s Largest Position

Members Advisory Group LLC grew its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 227.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,599,786 shares of the company’s stock after buying an additional 1,111,773 shares during the quarter. Schwab US Broad Market ETF accounts for approximately 14.9% of Members Advisory Group LLC’s holdings, making the stock its biggest holding. Members Advisory Group LLC owned 0.35% of Schwab US Broad Market ETF worth $36,322,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Maryland Capital Advisors Inc. increased its position in shares of 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. increased its position in shares of 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 increased its position in Schwab US Broad Market ETF by 200.2% during the 4th quarter. Beacon Capital Management LLC now owns 1,216 shares of the company’s stock worth $28,000 after purchasing an additional 811 shares in the last quarter. Albion Financial Group UT increased its position in Schwab US Broad Market ETF by 200.0% during the 4th quarter. Albion Financial Group UT now owns 1,260 shares of the company’s stock worth $29,000 after purchasing an additional 840 shares in the last quarter. Finally, Global Financial Private Client LLC increased its position in Schwab US Broad Market ETF by 200.0% during the 4th quarter. Global Financial Private Client LLC now owns 1,332 shares of the company’s stock worth $30,000 after purchasing an additional 888 shares in the last quarter.

Schwab US Broad Market ETF Trading Down 1.9 %

Schwab US Broad Market ETF stock opened at $23.18 on Friday. The stock has a market cap of $33.15 billion, a PE ratio of 25.96 and a beta of 1.04. The stock has a 50-day moving average price of $23.20 and a 200 day moving average price of $22.57. Schwab US Broad Market ETF has a 52 week low of $19.14 and a 52 week 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.