Schwab US Broad Market ETF (NYSEARCA:SCHB) Stock Holdings Increased by Armbruster Capital Management Inc.

Armbruster Capital Management Inc. boosted its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 197.8% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 25,468 shares of the company’s stock after purchasing an additional 16,916 shares during the period. Armbruster Capital Management Inc.’s holdings in Schwab US Broad Market ETF were worth $578,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Renaissance Technologies LLC acquired a new position in shares of Schwab US Broad Market ETF in the second quarter worth $704,000. Bank of Montreal Can increased its position in Schwab US Broad Market ETF by 60.0% in the 2nd quarter. Bank of Montreal Can now owns 11,266 shares of the company’s stock worth $715,000 after purchasing an additional 4,223 shares during the last quarter. Marshall Wace LLP purchased a new stake in shares of Schwab US Broad Market ETF during the 2nd quarter worth about $241,000. AQR Capital Management LLC lifted its holdings in shares of Schwab US Broad Market ETF by 1.2% during the 2nd quarter. AQR Capital Management LLC now owns 85,709 shares of the company’s stock valued at $5,389,000 after buying an additional 1,026 shares during the last quarter. Finally, Creative Planning grew its stake in shares of Schwab US Broad Market ETF by 2.1% in the 2nd quarter. Creative Planning now owns 679,950 shares of the company’s stock valued at $42,748,000 after buying an additional 13,731 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

NYSEARCA:SCHB opened at $23.60 on Monday. The company has a market capitalization of $10.85 billion, a P/E ratio of 25.24 and a beta of 1.02. The stock’s 50 day moving average price is $23.16 and its 200 day moving average price is $22.27. Schwab US Broad Market ETF has a 52 week low of $18.75 and a 52 week high of $23.73.

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.