Midwest Financial Group LLC Raises Stock Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Midwest Financial Group LLC boosted its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 201.1% in the fourth quarter, HoldingsChannel reports. The fund owned 46,353 shares of the company’s stock after purchasing an additional 30,956 shares during the quarter. Midwest Financial Group LLC’s holdings in Schwab US Broad Market ETF were worth $1,052,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Burkett Financial Services LLC boosted its position in shares of Schwab US Broad Market ETF by 1.4% in the 3rd quarter. Burkett Financial Services LLC now owns 13,482 shares of the company’s stock worth $897,000 after purchasing an additional 183 shares in the last quarter. Carnegie Investment Counsel raised its stake in shares of Schwab US Broad Market ETF by 1.5% in the third quarter. Carnegie Investment Counsel now owns 13,392 shares of the company’s stock worth $891,000 after purchasing an additional 195 shares during the last quarter. Evanson Asset Management LLC boosted its stake in shares of Schwab US Broad Market ETF by 1.8% in the third quarter. Evanson Asset Management LLC now owns 11,285 shares of the company’s stock worth $751,000 after acquiring an additional 198 shares during the last quarter. Long Island Wealth Management Inc. boosted its position in shares of Schwab US Broad Market ETF by 0.4% during the 2nd quarter. Long Island Wealth Management Inc. now owns 61,575 shares of the company’s stock worth $3,871,000 after purchasing an additional 262 shares during the period. Finally, Valeo Financial Advisors LLC raised its stake in Schwab US Broad Market ETF by 5.6% in the third quarter. Valeo Financial Advisors LLC now owns 5,489 shares of the company’s stock valued at $365,000 after buying an additional 292 shares in the last quarter.

Schwab US Broad Market ETF Trading Up 0.0 %

SCHB stock opened at $23.68 on Friday. The company has a market cap of $10.88 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. The firm has a 50 day moving average of $23.13 and a 200-day moving average of $22.23. Schwab US Broad Market ETF has a 12-month low of $18.75 and a 12-month high of $23.73.

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.