Zhang Financial LLC Raises Stake in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Zhang Financial LLC lifted its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 5.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 153,865 shares of the company’s stock after purchasing an additional 7,844 shares during the quarter. Schwab US Broad Market ETF comprises approximately 0.7% of Zhang Financial LLC’s investment portfolio, making the stock its 25th biggest position. Zhang Financial LLC’s holdings in Schwab US Broad Market ETF were worth $8,566,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the company. Natixis Advisors L.P. purchased a new position in shares of Schwab US Broad Market ETF in the 3rd quarter valued at about $666,000. Morningstar Investment Services LLC boosted its stake in shares of Schwab US Broad Market ETF by 6.9% in the 3rd quarter. Morningstar Investment Services LLC now owns 664,824 shares of the company’s stock valued at $33,215,000 after buying an additional 43,035 shares during the period. Citigroup Inc. boosted its stake in shares of Schwab US Broad Market ETF by 9.9% in the 3rd quarter. Citigroup Inc. now owns 3,062 shares of the company’s stock valued at $153,000 after buying an additional 275 shares during the period. WBH Advisory Inc. boosted its stake in shares of Schwab US Broad Market ETF by 2.7% in the 4th quarter. WBH Advisory Inc. now owns 556,907 shares of the company’s stock valued at $31,003,000 after buying an additional 14,679 shares during the period. Finally, Bouchey Financial Group Ltd boosted its stake in shares of Schwab US Broad Market ETF by 11.0% in the 4th quarter. Bouchey Financial Group Ltd now owns 2,393,274 shares of the company’s stock valued at $133,234,000 after buying an additional 237,905 shares during the period.

Schwab US Broad Market ETF Trading Down 0.7 %

SCHB stock traded down $0.38 during trading on Friday, hitting $57.67. 848,595 shares of the company’s stock were exchanged, compared to its average volume of 867,893. The business has a 50-day moving average price of $59.56 and a two-hundred day moving average price of $55.41. The stock has a market capitalization of $26.45 billion, a price-to-earnings ratio of 24.49 and a beta of 1.03. Schwab US Broad Market ETF has a 52-week low of $46.92 and a 52-week high of $61.18.

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.