Panoramic Investment Advisors LLC Buys 59,678 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Panoramic Investment Advisors LLC raised its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 219.4% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 86,873 shares of the company’s stock after purchasing an additional 59,678 shares during the period. Schwab US Broad Market ETF accounts for approximately 1.3% of Panoramic Investment Advisors LLC’s holdings, making the stock its 24th biggest position. Panoramic Investment Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $1,972,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Joseph Group Capital Management purchased a new stake in shares of Schwab US Broad Market ETF during the 3rd quarter valued at about $66,000. Northwest Investment Counselors LLC bought a new stake in Schwab US Broad Market ETF during the third quarter worth approximately $69,000. Albion Financial Group UT raised its position in Schwab US Broad Market ETF by 200.0% during the fourth quarter. Albion Financial Group UT now owns 1,260 shares of the company’s stock valued at $29,000 after purchasing an additional 840 shares during the period. Global Financial Private Client LLC lifted its stake in shares of 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 valued at $30,000 after purchasing an additional 888 shares during the last quarter. Finally, GAMMA Investing LLC boosted its holdings in shares of Schwab US Broad Market ETF by 200.0% in 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 period.

Schwab US Broad Market ETF Stock Performance

NYSEARCA SCHB opened at $23.36 on Monday. The business’s 50 day moving average price is $23.20 and its 200-day moving average price is $22.32. Schwab US Broad Market ETF has a fifty-two week low of $18.75 and a fifty-two week high of $23.73. The company has a market cap of $10.74 billion, a P/E ratio of 25.24 and a beta of 1.02.

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.