Smith Anglin Financial LLC Grows Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Smith Anglin Financial LLC grew its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 151.8% during the 4th quarter, Holdings Channel reports. The fund owned 26,009 shares of the company’s stock after purchasing an additional 15,679 shares during the period. Smith Anglin Financial LLC’s holdings in Schwab US Broad Market ETF were worth $590,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in SCHB. Strategic Investment Solutions Inc. IL acquired a new position in Schwab US Broad Market ETF during the second quarter worth $28,000. Joseph Group Capital Management purchased a new stake in shares of Schwab US Broad Market ETF in the third quarter valued at about $66,000. Northwest Investment Counselors LLC purchased a new stake in shares of Schwab US Broad Market ETF in the third quarter valued at about $69,000. Global Financial Private Client LLC boosted its stake in Schwab US Broad Market ETF by 200.0% during the fourth quarter. Global Financial Private Client LLC now owns 1,332 shares of the company’s stock worth $30,000 after buying an additional 888 shares during the period. Finally, GAMMA Investing LLC boosted its stake in Schwab US Broad Market ETF by 200.0% during the fourth quarter. GAMMA Investing LLC now owns 1,446 shares of the company’s stock worth $33,000 after buying an additional 964 shares during the period.

Schwab US Broad Market ETF Price Performance

Shares of SCHB stock opened at $22.94 on Wednesday. The firm has a market cap of $10.55 billion, a PE 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. The company has a 50-day moving average of $23.13 and a two-hundred day moving average of $22.15.

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.