Redhawk Wealth Advisors Inc. Purchases 112,150 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Redhawk Wealth Advisors Inc. lifted its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 207.9% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 166,106 shares of the company’s stock after acquiring an additional 112,150 shares during the quarter. Redhawk Wealth Advisors Inc.’s holdings in Schwab US Broad Market ETF were worth $3,771,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Strategic Investment Solutions Inc. IL purchased a new stake in Schwab US Broad Market ETF during the second quarter valued at about $28,000. Global Financial Private Client LLC boosted its stake in Schwab US Broad Market ETF by 200.0% in the 4th quarter. Global Financial Private Client LLC now owns 1,332 shares of the company’s stock worth $30,000 after purchasing an additional 888 shares in the last quarter. GAMMA Investing LLC boosted its stake 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 valued at $33,000 after purchasing an additional 964 shares during the last quarter. Marquette Asset Management LLC lifted its position in Schwab US Broad Market ETF by 200.0% during the fourth quarter. Marquette Asset Management LLC now owns 1,593 shares of the company’s stock valued at $36,000 after purchasing an additional 1,062 shares during the period. Finally, Godsey & Gibb Inc. grew its stake in shares of Schwab US Broad Market ETF by 200.0% during the 4th quarter. Godsey & Gibb Inc. now owns 2,103 shares of the company’s stock valued at $48,000 after purchasing an additional 1,402 shares during the period.

Schwab US Broad Market ETF Stock Performance

Shares of Schwab US Broad Market ETF stock opened at $23.02 on Thursday. The stock’s fifty day moving average is $23.13 and its 200 day moving average is $22.16. Schwab US Broad Market ETF has a one year low of $18.25 and a one year high of $23.73. The stock has a market cap of $10.58 billion, a P/E ratio of 25.24 and a beta of 1.02.

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.