SignalPoint Asset Management LLC Acquires 6,652 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

SignalPoint Asset Management LLC lifted its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 202.7% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 9,934 shares of the company’s stock after buying an additional 6,652 shares during the quarter. SignalPoint Asset Management LLC’s holdings in Schwab US Broad Market ETF were worth $226,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in SCHB. Strategic Investment Solutions Inc. IL bought a new position in shares of Schwab US Broad Market ETF during the second quarter valued at $28,000. Global Financial Private Client LLC increased its holdings in Schwab US Broad Market ETF by 200.0% in the fourth quarter. Global Financial Private Client LLC now owns 1,332 shares of the company’s stock valued at $30,000 after purchasing an additional 888 shares during the period. GAMMA Investing LLC raised its position in Schwab US Broad Market ETF by 200.0% during the 4th quarter. GAMMA Investing LLC now owns 1,446 shares of the company’s stock worth $33,000 after purchasing an additional 964 shares during the last quarter. Marquette Asset Management LLC lifted its holdings in Schwab US Broad Market ETF by 200.0% during the 4th quarter. Marquette Asset Management LLC now owns 1,593 shares of the company’s stock worth $36,000 after buying an additional 1,062 shares during the period. Finally, Godsey & Gibb Inc. increased its stake in shares of Schwab US Broad Market ETF by 200.0% in the fourth quarter. Godsey & Gibb Inc. now owns 2,103 shares of the company’s stock valued at $48,000 after buying an additional 1,402 shares during the period.

Schwab US Broad Market ETF Price Performance

Shares of SCHB opened at $22.97 on Friday. The business has a 50-day moving average of $23.12 and a 200-day moving average of $22.16. The company has a market capitalization of $10.56 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a 1 year low of $18.25 and a 1 year 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.