Schaeffer Financial LLC Increases Stock Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Schaeffer Financial LLC increased its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 201.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 859,112 shares of the company’s stock after acquiring an additional 574,238 shares during the quarter. Schwab US Broad Market ETF comprises approximately 19.5% of Schaeffer Financial LLC’s holdings, making the stock its largest holding. Schaeffer Financial LLC owned 0.19% of Schwab US Broad Market ETF worth $19,502,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of SCHB. Maryland Capital Advisors Inc. increased its holdings in Schwab US Broad Market ETF by 200.0% in the 4th 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 during the period. Jackson Grant Investment Advisers Inc. increased its holdings in Schwab US Broad Market ETF by 201.0% in the 4th 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 during the period. Beacon Capital Management LLC increased its holdings in Schwab US Broad Market ETF by 200.2% in the 4th quarter. Beacon Capital Management LLC now owns 1,216 shares of the company’s stock valued at $28,000 after buying an additional 811 shares during the period. Albion Financial Group UT increased its holdings in Schwab US Broad Market ETF by 200.0% in the 4th quarter. Albion Financial Group UT now owns 1,260 shares of the company’s stock valued at $29,000 after buying an additional 840 shares during the period. Finally, Global Financial Private Client LLC increased its holdings in Schwab US Broad Market ETF by 200.0% in the 4th quarter. Global Financial Private Client LLC now owns 1,332 shares of the company’s stock valued at $30,000 after buying an additional 888 shares during the period.

Schwab US Broad Market ETF Price Performance

Shares of Schwab US Broad Market ETF stock opened at $23.63 on Friday. The company’s fifty day moving average price is $23.20 and its two-hundred day moving average price is $22.55. Schwab US Broad Market ETF has a 52-week low of $19.14 and a 52-week high of $23.77. The firm has a market capitalization of $10.86 billion, a PE ratio of 25.24 and a beta of 1.02.

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.