Farrow Financial Inc. Grows Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Farrow Financial Inc. increased its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 185.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 36,822 shares of the company’s stock after purchasing an additional 23,903 shares during the quarter. Farrow Financial Inc.’s holdings in Schwab US Broad Market ETF were worth $839,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Hengehold Capital Management LLC boosted its holdings in Schwab US Broad Market ETF by 192.6% during the fourth quarter. Hengehold Capital Management LLC now owns 8,942,406 shares of the company’s stock worth $202,993,000 after purchasing an additional 5,886,366 shares during the last quarter. Strid Group LLC boosted its holdings in Schwab US Broad Market ETF by 197.8% during the fourth quarter. Strid Group LLC now owns 8,530,226 shares of the company’s stock worth $193,636,000 after purchasing an additional 5,666,068 shares during the last quarter. Bouchey Financial Group Ltd boosted its stake in Schwab US Broad Market ETF by 213.4% in the fourth quarter. Bouchey Financial Group Ltd now owns 8,165,768 shares of the company’s stock valued at $185,363,000 after acquiring an additional 5,560,636 shares during the last quarter. HB Wealth Management LLC boosted its stake in Schwab US Broad Market ETF by 192.5% in the fourth quarter. HB Wealth Management LLC now owns 6,505,668 shares of the company’s stock valued at $147,681,000 after acquiring an additional 4,281,591 shares during the last quarter. Finally, Evergreen Advisors LLC boosted its stake in Schwab US Broad Market ETF by 188.6% in the fourth quarter. Evergreen Advisors LLC now owns 6,366,873 shares of the company’s stock valued at $144,528,000 after acquiring an additional 4,160,555 shares during the last quarter.

Schwab US Broad Market ETF Stock Up 0.5 %

SCHB opened at $22.18 on Friday. The stock has a market cap of $31.72 billion, a price-to-earnings ratio of 25.96 and a beta of 1.04. Schwab US Broad Market ETF has a twelve month low of $19.14 and a twelve month high of $23.77. The company’s 50-day moving average price is $23.10 and its two-hundred day moving average price is $22.70.

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.