Fragasso Financial Advisors Inc Increases Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Fragasso Financial Advisors Inc grew its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 201.0% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 14,024 shares of the company’s stock after purchasing an additional 9,365 shares during the period. Fragasso Financial Advisors Inc’s holdings in Schwab US Broad Market ETF were worth $318,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Strategic Investment Solutions Inc. IL purchased a new stake in Schwab US Broad Market ETF during the 2nd quarter valued at $28,000. Joseph Group Capital Management bought a new position in shares of Schwab US Broad Market ETF during the third quarter valued at $66,000. Northwest Investment Counselors LLC purchased a new stake in shares of Schwab US Broad Market ETF during the third quarter valued at $69,000. GAMMA Investing LLC boosted its position in shares of Schwab US Broad Market ETF by 200.0% during the fourth quarter. GAMMA Investing LLC now owns 1,446 shares of the company’s stock valued at $33,000 after buying an additional 964 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its holdings in Schwab US Broad Market ETF by 314.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,310 shares of the company’s stock worth $148,000 after buying an additional 1,752 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

SCHB opened at $22.54 on Tuesday. The company’s 50-day simple moving average is $23.12 and its two-hundred day simple moving average is $22.14. The stock has a market capitalization of $10.36 billion, a P/E ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a 52-week low of $18.25 and a 52-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.