Ehrlich Financial Group Buys 11,212 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Ehrlich Financial Group grew its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 257.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,570 shares of the company’s stock after buying an additional 11,212 shares during the quarter. Ehrlich Financial Group’s holdings in Schwab US Broad Market ETF were worth $353,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Strategic Investment Solutions Inc. IL purchased a new position in shares of Schwab US Broad Market ETF in the second quarter worth $28,000. GAMMA Investing LLC raised its holdings in shares of 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 acquiring an additional 964 shares in the last quarter. Eastern Bank bought a new position in shares of Schwab US Broad Market ETF during the 4th quarter valued at approximately $54,000. Joseph Group Capital Management bought a new position in shares of Schwab US Broad Market ETF during the 3rd quarter valued at approximately $66,000. Finally, Northwest Investment Counselors LLC purchased a new position in shares of Schwab US Broad Market ETF in the third quarter valued at $69,000.

Schwab US Broad Market ETF Stock Performance

SCHB stock traded up $0.04 during trading on Monday, hitting $22.54. 4,044,797 shares of the company’s stock traded hands, compared to its average volume of 4,374,836. Schwab US Broad Market ETF has a 52 week low of $18.25 and a 52 week high of $23.73. The stock has a market capitalization of $10.36 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. The business has a fifty day simple moving average of $23.11 and a 200 day simple moving average of $22.13.

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.