Avalon Advisory Group Purchases 111,053 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Avalon Advisory Group increased its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 199.6% during the 4th quarter, Holdings Channel.com reports. The fund owned 166,690 shares of the company’s stock after purchasing an additional 111,053 shares during the quarter. Schwab US Broad Market ETF comprises about 1.7% of Avalon Advisory Group’s portfolio, making the stock its 5th biggest position. Avalon Advisory Group’s holdings in Schwab US Broad Market ETF were worth $3,784,000 at the end of the most recent reporting period.

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

Schwab US Broad Market ETF Stock Up 1.0 %

Shares of NYSEARCA:SCHB opened at $23.21 on Friday. The company has a market cap of $10.67 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. The firm’s 50-day simple moving average is $23.12 and its 200-day simple moving average is $22.18. Schwab US Broad Market ETF has a fifty-two week low of $18.34 and a fifty-two week high of $23.73.

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.