Schwab US Broad Market ETF (NYSEARCA:SCHB) Position Raised by Patriot Investment Management Group Inc.

Patriot Investment Management Group Inc. boosted its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 195.5% during the fourth quarter, Holdings Channel.com reports. The firm owned 1,107,041 shares of the company’s stock after acquiring an additional 732,441 shares during the quarter. Schwab US Broad Market ETF comprises about 1.9% of Patriot Investment Management Group Inc.’s portfolio, making the stock its 9th largest holding. Patriot Investment Management Group Inc.’s holdings in Schwab US Broad Market ETF were worth $25,130,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. LexAurum Advisors LLC grew its holdings in Schwab US Broad Market ETF by 200.0% in the fourth quarter. LexAurum Advisors LLC now owns 20,550 shares of the company’s stock worth $466,000 after purchasing an additional 13,700 shares during the period. Rappaport Reiches Capital Management LLC grew its holdings in Schwab US Broad Market ETF by 210.2% in the fourth quarter. Rappaport Reiches Capital Management LLC now owns 232,804 shares of the company’s stock worth $5,285,000 after purchasing an additional 157,758 shares during the period. Silver Lake Advisory LLC grew its holdings in Schwab US Broad Market ETF by 214.5% in the fourth quarter. Silver Lake Advisory LLC now owns 9,671 shares of the company’s stock worth $220,000 after purchasing an additional 6,596 shares during the period. Shilanski & Associates Inc. grew its holdings in Schwab US Broad Market ETF by 218.9% in the fourth quarter. Shilanski & Associates Inc. now owns 1,120,325 shares of the company’s stock worth $25,431,000 after purchasing an additional 768,999 shares during the period. Finally, Motive Wealth Advisors grew its holdings in Schwab US Broad Market ETF by 200.0% in the fourth quarter. Motive Wealth Advisors now owns 479,748 shares of the company’s stock worth $10,890,000 after purchasing an additional 319,832 shares during the period.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB opened at $23.67 on Friday. The firm’s 50-day simple moving average is $23.13 and its two-hundred day simple moving average is $22.23. Schwab US Broad Market ETF has a fifty-two week low of $18.75 and a fifty-two week high of $23.73. The stock has a market cap of $10.88 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.