L. Roy Papp & Associates LLP Has $3.35 Million Stock Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

L. Roy Papp & Associates LLP grew its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 214.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 147,672 shares of the company’s stock after purchasing an additional 100,730 shares during the period. L. Roy Papp & Associates LLP’s holdings in Schwab US Broad Market ETF were worth $3,352,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Leavell Investment Management Inc. raised its holdings in shares of Schwab US Broad Market ETF by 206.4% during the 4th quarter. Leavell Investment Management Inc. now owns 505,354 shares of the company’s stock valued at $11,472,000 after purchasing an additional 340,422 shares in the last quarter. Gradient Capital Advisors LLC increased its position in Schwab US Broad Market ETF by 197.3% during the fourth quarter. Gradient Capital Advisors LLC now owns 77,553 shares of the company’s stock worth $1,760,000 after buying an additional 51,467 shares during the last quarter. CAP Partners LLC increased its position in Schwab US Broad Market ETF by 234.9% during the fourth quarter. CAP Partners LLC now owns 39,324 shares of the company’s stock worth $893,000 after buying an additional 27,581 shares during the last quarter. Index Fund Advisors Inc. raised its holdings in Schwab US Broad Market ETF by 200.0% during the fourth quarter. Index Fund Advisors Inc. now owns 15,947 shares of the company’s stock valued at $362,000 after buying an additional 10,631 shares in the last quarter. Finally, Balentine LLC lifted its position in shares of Schwab US Broad Market ETF by 200.0% in the fourth quarter. Balentine LLC now owns 21,234 shares of the company’s stock worth $482,000 after buying an additional 14,156 shares during the last quarter.

Schwab US Broad Market ETF Stock Performance

SCHB opened at $23.47 on Wednesday. The company has a market cap of $10.79 billion, a PE ratio of 25.24 and a beta of 1.02. The stock has a 50-day moving average of $23.20 and a 200-day moving average of $22.42. Schwab US Broad Market ETF has a 52-week low of $19.04 and a 52-week high of $23.73.

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.