Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Purchased by Financial Consulate Inc.

Financial Consulate Inc. boosted its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 202.5% during the fourth quarter, Holdings Channel reports. The institutional investor owned 121,581 shares of the company’s stock after buying an additional 81,391 shares during the period. Schwab US Broad Market ETF makes up 0.7% of Financial Consulate Inc.’s portfolio, making the stock its 15th biggest holding. Financial Consulate Inc.’s holdings in Schwab US Broad Market ETF were worth $2,760,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the company. Pegasus Asset Management Inc. raised its holdings in shares of Schwab US Broad Market ETF by 188.3% in the 4th quarter. Pegasus Asset Management Inc. now owns 1,211,636 shares of the company’s stock worth $27,504,000 after purchasing an additional 791,417 shares during the period. Clear Point Advisors Inc. raised its holdings in shares of Schwab US Broad Market ETF by 198.9% in the 4th quarter. Clear Point Advisors Inc. now owns 188,039 shares of the company’s stock worth $4,268,000 after purchasing an additional 125,139 shares during the period. Global Retirement Partners LLC raised its holdings in shares of Schwab US Broad Market ETF by 199.2% in the 4th quarter. Global Retirement Partners LLC now owns 140,530 shares of the company’s stock worth $3,190,000 after purchasing an additional 93,564 shares during the period. Cornerstone Advisors Asset Management LLC raised its holdings in shares of Schwab US Broad Market ETF by 201.1% in the 4th quarter. Cornerstone Advisors Asset Management LLC now owns 25,849 shares of the company’s stock worth $587,000 after purchasing an additional 17,263 shares during the period. Finally, Bigelow Investment Advisors LLC raised its holdings in shares of Schwab US Broad Market ETF by 174.8% in the 4th quarter. Bigelow Investment Advisors LLC now owns 92,111 shares of the company’s stock worth $2,091,000 after purchasing an additional 58,589 shares during the period.

Schwab US Broad Market ETF Price Performance

Schwab US Broad Market ETF stock opened at $23.71 on Wednesday. The stock’s 50-day moving average is $23.19 and its 200-day moving average is $22.51. The company has a market cap of $10.90 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a 12 month low of $19.14 and a 12 month 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.