West Financial Advisors LLC Increases Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

West Financial Advisors LLC increased its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 197.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 26,154 shares of the company’s stock after buying an additional 17,348 shares during the quarter. West Financial Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $594,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in SCHB. Burkett Financial Services LLC boosted its holdings in shares of Schwab US Broad Market ETF by 1.4% in the third quarter. Burkett Financial Services LLC now owns 13,482 shares of the company’s stock valued at $897,000 after acquiring an additional 183 shares in the last quarter. Carnegie Investment Counsel boosted its holdings in Schwab US Broad Market ETF by 1.5% in the 3rd quarter. Carnegie Investment Counsel now owns 13,392 shares of the company’s stock valued at $891,000 after purchasing an additional 195 shares in the last quarter. Evanson Asset Management LLC increased its position in Schwab US Broad Market ETF by 1.8% during the 3rd quarter. Evanson Asset Management LLC now owns 11,285 shares of the company’s stock worth $751,000 after purchasing an additional 198 shares during the period. Citizens Financial Group Inc. RI raised its stake in shares of Schwab US Broad Market ETF by 1.8% during the 2nd quarter. Citizens Financial Group Inc. RI now owns 12,820 shares of the company’s stock worth $809,000 after buying an additional 227 shares in the last quarter. Finally, Long Island Wealth Management Inc. boosted its stake in shares of Schwab US Broad Market ETF by 0.4% in the second quarter. Long Island Wealth Management Inc. now owns 61,575 shares of the company’s stock valued at $3,871,000 after buying an additional 262 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

Schwab US Broad Market ETF stock opened at $23.02 on Thursday. Schwab US Broad Market ETF has a 1-year low of $18.25 and a 1-year high of $23.73. The stock’s 50 day moving average price is $23.13 and its 200 day moving average price is $22.16. The company has a market cap of $10.58 billion, a PE ratio of 25.24 and a beta of 1.02.

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.